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In: Finance

Short notes on Theft insurance.

Short notes on Theft insurance.

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Expert Solution

Insurance is a financial product where in one party (the insurer) insures the other party( the insured ) for any unforeseen losses or risks. A theft insurance is a part of insurance wherein the insurer agrees to insure goods against burglaries and all possible acts of stealing. It includes for goods in a residential or a commercial premises. Usually acts of violent or forceful theft are covered in this insurance.

jeff jeffy answered 2 years ago
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