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NAME: DATE: Business: Insurance Business Insurance It is not necessary to carry out all the activities contained in this unit. Please see Teachers Notes for explanations, additional activities, and
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Insurance business refers to the industry that provides coverage or protection against financial loss in exchange for regular payments, known as premiums.
Insurance companies and agencies are required to file insurance business.
To fill out insurance business, you need to provide detailed information about the policies offered, premiums charged, claims filed, and financial data of the insurance company.
The purpose of insurance business is to provide individuals and businesses with financial protection against various risks and uncertainties, such as property damage, loss of income, or medical expenses.
Information such as policy types, premiums earned, claims paid, investment income, and financial statements must be reported on insurance business.
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