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Direct Premiums: Are They Profitable?

January 18, 2021

Insurance companies play an important role in society by protecting people and their property. Insurance is basically a way of protection against financial loss resulting from a variety of unfortunate events. It’s basically a form of risk management, primarily employed to protect against the possibility of some unknown or unpredictable loss. In order to make insurance work properly, it must be properly maintained and taken care of. Insurance companies provide a variety of different kinds of insurance policies to deal with all kinds of diverse situations.

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