Is insurance premium really necessary?

Is insurance premium really necessary?

When an individual or organization shows interest in getting insured, the insurance company comes up with an insurance policy and proposes a stipulated amount that will be paid periodically; this payment is termed the insurance premium, which differs from one person...
The component of loan and it advantages

The component of loan and it advantages

What is a loan, the component of a loan, and its advantages? A loan is a sum or an amount of money you borrow from any financial institution, be it a bank, credit union, online lender, or a person, like a family member, and pay back in full at a later date, typically...