Why Insurance & Investments?
The Questions Series… Chapter: 2, Why Insurance & Investments? Uncomplicate our Lives, Jiyo Zindagi Tension Free Man is what he possesses. And Leonardo da Vinci once said, ‘He who possesses most be must afraid of losses. Modern trade has been established on the principle of ownership of property. And thus when a property loses value, owner of the property suffers loss . Every living organism lives with risk of such potential loss. Question is, what we do with such risk of having potential loss.? & Answer lies on our own genetic construction to manage such risks. Bold organisms having no choices would retain the risk and sustain losses, Risk averse organisms would try and avoid risks and, Smarter organisms would use their intelligence and use Risk Management techniques of Sharing, Transferring, Loss Prevention or Reduction of Risks In no ways any of the above 5 risk management techniques are good, ...