Do you know what work is done by insurance companies?

Question

Accepted Answer

Insurance companies provide financial protection against potential risks and losses by offering various types of insurance policies.

Insurance companies assess risks and provide coverage for individuals or organizations in exchange for premiums.
They offer a wide range of insurance products such as life insurance, health insurance, auto insurance, property insurance, and more.
Insurance companies also handle claims processing, underwriting, and risk management to ensure financial stability and protection for their policyholders.