why should i prefer risk management instead of life and general insurance?

why should i prefer risk management instead of life and
general insurance?

Question Posted / shitij nagpal

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why should i prefer risk management instead of life and general insurance? ..

Answer / cacs pratik kumar palor

Insurance is itself a tool of Risk Management. Those risks
to Man or Material which cannot be avoided or reduced to
minimum desired level, are Insured against. So that the
loss caused due to the Risk, is properly borne out of the
Insured Money.

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