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Reply To: Difference between Assurance and Insurance

Actuary Forums › Forums › Actuarial Jobs, Interviews and facts › Interviews and facts › Difference between Assurance and Insurance › Reply To: Difference between Assurance and Insurance

October 10, 2017 at 6:49 pm #23711
Mayank Goyal
Keymaster

    possibly, but the main difference is Insurance is protection against anticipated but Assurance(edited) is against definite. Say, to indemnify and latter one to assure. 

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