Difference between revisions of "Insurance"

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'''Insurance''' is a system of mutual risk pooling. A group of payers guarantee each other against financial harm.
 
'''Insurance''' is a system of mutual risk pooling. A group of payers guarantee each other against financial harm.
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[[category:economics]]

Revision as of 16:57, July 20, 2007

Insurance is a system of mutual risk pooling. A group of payers guarantee each other against financial harm.