Insurance is one of the most importance strategic that enable firms building way to spread and sharing risks, through insurance industry, individuals and companies may facing the risks and loss that may occur, and insurance have effective role to resolving their problems. Thus, the significance of insurance industry has become a latest approach in growing organizational competitiveness, and more useful in today business, because companies can reduce the rate of losses and risks, and we will show meaning, nature and definition of insurance and benefit as well as importance of insurance , and we will discuss types of insurance.
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