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Category Archives: INSURANCE

The economic nature, functions and principles of insurance

The economic essence of insurance is the creation of insurance funds at the expense of contributions from parties concerned in insurance and intended to compensate for damage (most often – from those involved in the formation of these funds). Since the possible damage is probabilistic


What is medical insurance (MI)? Medical insurance is a type of personal insurance that guarantees you in the event of an insured event to receive medical care and reimbursement of expenses for the purchase of medicines at the expense of the insurance company (this type