Traditional Culture Encyclopedia - Traditional culture - Why is insurance one of the three pillars of finance?
Why is insurance one of the three pillars of finance?
Generally speaking:
Insurance is one of the three pillars of finance, and the other two are banks and securities.
Insurance provides a guarantee for financial stability, which is irreplaceable and unique by any financial institution.
If it is detailed, you have to check it on a professional financial website.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.
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