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What is Insurance and its benefits?

What is Machinery Break Down Insurance

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Question added by Deleted user
Date Posted: 2014/07/05
Mamoun elbaghir abdalla mhamad Eltayeb
by Mamoun elbaghir abdalla mhamad Eltayeb , Insurance agent / Producer , Albaraka Insurance Company

There are many benefits and advantages for insurance ,which I can brief them as hereunder :-

 A) As insurance is a risk transfer process , the insured transfer his own risk to the insuance company.

 B) Insurance bring peace of mind to the insureds and motivates them towards taking business.

 C) Protection & Indemnity.

 D) Co-opreation and Takaful.

  Thanking you.

Deleted user
by Deleted user

It is very bad thing

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