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How does insurance companies make money?
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[QUOTE="sincerem, post: 139934, member: 25228"] When you look at the kind of benefits attached to what insurance offers per insurance scheme. You'll come to ask yourself, 'how do they make their own dividends to cover up all their expenses. Cos surely calamitous things occur, cos we are living in a world that is filled with uncertainties of natural disasters. And those customers suffer lots of life challenges, losing their business based on uncertainty in the guise of covid19 and other unforeseen circumstances. Facing complucated life threatening illness, Some encounter brutal accidents and their cars destroy in the process. And some also see their fine buildings burnt down by fire from unknown source. All this things are financial draining to insurance companies. How do they make their own dividends to cover up all this cost?? [/QUOTE]
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