Why is insurance necessary?

for the tranference of extraordinary risk

Improve Answer Discuss the question "Why is insurance necessary?" Watch Question

First answer by Wholelotsarocker. Last edit by Wholelotsarocker. Contributor trust: 102 [recommend contributor]. Question popularity: 8 [recommend question]

Also see on Answers.com

Research your answer:

Answers.com > Wiki Answers > Categories > Business and Finance > Insurance > Why is insurance necessary?