Insurance protects you against potential financial losses or liability that results from unexpected events.

Question

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Insurance policies are designed to offer coverage against unforeseen events such as accidents, thefts, natural disasters, and other unexpected occurrences that may result in financial losses or legal liabilities. By purchasing insurance coverage, individuals and businesses can protect themselves from potential financial hardships that may arise due to unexpected events. Hence, insurance is intended to safeguard against uncertain risks that can negatively impact a person's financial well-being.

Insurance Protects You Against Potential Financial Losses or Liability That