Objectives of insurance company ?

insurance aims at minimization of losses arising from future risks and uncertainties. It adds certainty of payments to people for happening of uncertain events. Insurance assures the individuals for compensation of losses. It minimizes the risk through proper planning and administration.

Explanation:

Explanation:

Objectives:

1..To provide certainty of payment against the uncertainty of loss

2.To provide the protection against the future risk,accident

3.To determine the probable volume of risk be evaluation of various factors

4.To invest and mobilize capital

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