Insurance products offers several benefits to individuals and society as a whole. A few of these advantages and benefits of insurance are 1. Risk mitigation: Insurance helps individuals and businesses mitigate financial risks associated with unexpected events such as accidents, natural
Understanding insurance in Kenya Introduction: Insurance plays a critical role in safeguarding individuals, families, and businesses from unforeseen financial burdens caused by unexpected events. In Kenya, insurance is becoming increasingly important as people recognize its benefits and the need for financial
The evolution of insurance has been dynamic. A process that has transformed the industry throughout the years. Ancient and Early Forms of Insurance: Insurance-like practices can be traced back to ancient civilizations. For example, ancient Chinese merchants would distribute their goods
