Insurance
-Protection offered to property
-Risk insured against may or not happen
-The insurance contract is renewable after every
year
-Compensation is given to owner of property
incase of loss/uncertain
Assuarance
-Protection offered to life
-Risks insured against must happen
-InsurCompensations is given to beneficiaries incase of death/certainance contract is for life an does not require renewal
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Githiari answered the question on September 23, 2017 at 09:44
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Outline four differences between insurance and assurance
(Solved)
Outline four differences between insurance and assurance
Date posted:
September 23, 2017
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Answers (1)
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Date posted:
September 23, 2017
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Date posted:
September 23, 2017
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Name the types of warehouses associated with each of the statements given below:
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Date posted:
September 23, 2017
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Answers (1)
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Date posted:
September 23, 2017
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Commercial activity ...
(Solved)
In the spaces provided below, indicate the type of utility created by each of the following commercial
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(ii) Transporting goods; .........................................................
(iii) Storekeeping; .........................................................
(iv) Making a chair. ........................................................
Date posted:
September 23, 2017
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September 23, 2017
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September 23, 2017
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September 23, 2017
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September 23, 2017
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September 23, 2017
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September 23, 2017
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September 22, 2017
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September 22, 2017
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