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The act or business, through legal means (normally a written contract), of protecting and individual's person or property against loss or harm arising out of specified circumstances in return for payment
Medical insurance(or health insurance)
Narrows down the "undesirable events" injuries and illnesses.
Keeps individuals well or catches an emergency illness in its early stages to prevent more exorbitant expenses.
This law stated that if it becomes necessary to throw goods overboard to lighten the ships in case the safety of the crew became threatened.
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