Types of insurance purchased by companies. Introduction: In financial perspective, the insurance is a protection from the financial losses. It is one of the popular instruments which prevent potential loss of an individual or a company with minimal cost. Generally, it is imperative to protect the companies from uncertainty or abnormal events.

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Chapter 23.1, Problem 23.1ACQ

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To discuss: Types of insurance purchased by companies.

Introduction:

In financial perspective, the insurance is a protection from the financial losses. It is one of the popular instruments which prevent potential loss of an individual or a company with minimal cost. Generally, it is imperative to protect the companies from uncertainty or abnormal events.

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