Scribd Logo
Upload

Welcome to Scribd!

  • Assignment #1

    Uploaded by

    Ray John Arandia Dorig
    5 views1 page
    Insurance provides protection from life's uncertainties and can also serve as a way to save money, similar to investments. However, unlike investments which carry the risk of loss, insurance guarantees that the money invested will not be lost due to a "bad investment", with the only reason for not getting the full payout being the policyholder's death.

    Original Description:

    Original Title

    Assignment #1.docx

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Insurance provides protection from life's uncertainties and can also serve as a way to save money, similar to investments. However, unlike investments which carry the risk of loss, insurance guarantees that the money invested will not be lost due to a "bad investment", with the only reason for not getting the full payout being the policyholder's death.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    5 views1 page

    Assignment #1

    Uploaded by

    Ray John Arandia Dorig
    Insurance provides protection from life's uncertainties and can also serve as a way to save money, similar to investments. However, unlike investments which carry the risk of loss, insurance guarantees that the money invested will not be lost due to a "bad investment", with the only reason for not getting the full payout being the policyholder's death.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    The video briefly explained the concept of Insurance in a nutshell, and that is “it is better to

    be insured, in case things go south”.

    Also, aside from protection from the uncertainties of life, it may also be a mode of
    saving or storing money. Based on its benefits it is similar to investments, but unlike
    investments, it doesn’t come with risk of losing money because of a “bad investment”. In
    insurance, he only reason for not getting what you invested is one’s own death.

    You might also like