Insurance Purpose

Insurance Purpose,

What Does Insurance Purpose Mean?

  • A simple definition of Insurance Purpose is: In addition to insurance coverage of natural disasters, accidents and losses due to incidents in various branches of human activity, as well as material interests of individuals, legal entities, cooperatives and other legal entities, as well as claims paid to the people in them. Disaster insurance funds based on mandatory and voluntary insurance benefits.

Literal Meanings of Insurance Purpose

Insurance:

Meanings of Insurance:
  1. The process or arrangement under which a company or government agency guarantees compensation for certain losses, injuries, illness or death in return for the payment of rewards.

  2. Anything that provides protection against possible emergencies.

Sentences of Insurance
  1. Adherence to high standards of personal conduct is the best protection against personal problems.

Synonyms of Insurance

safety measure, indemnification, shelter, preventive measure, protection, financial protection, security, provision, safeguard, cover, indemnity, immunity, defence, surety, precaution

Purpose:

Meanings of Purpose:
  1. Being an intention or purpose.

  2. The creation or creation of something, or the reason why it exists.

Sentences of Purpose
  1. God allows suffering, even desires it

  2. The purpose of the meeting is to appoint a tutor

Synonyms of Purpose

justification, plan, aim, have a mind, point, mean, basis, intend, impetus, motivation, grounds, cause, reason, occasion, motive, design, have in mind, have the intention