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Subjects
Class 11Home ScienceWork, Livelihood and CareerWork, careers and livelihoodExpertLevel 5

What is the main contribution of insurance in livelihood?

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Answer and explanation

Correct answer: Giving financial protection during sudden risks

Insurance can support during illness accident or loss. In exams connect insurance with risk management.

Tags

insurancerisk-managementlivelihood-security

Frequently asked questions

What is the correct answer to this question?

Giving financial protection during sudden risks

Why is this the correct answer?

Insurance can support during illness accident or loss. In exams connect insurance with risk management.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Work, careers and livelihood.

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