Insurance in this way is a sure way of organized savings. Accumulation of insurance premiums allows the insured to obtain at the end of the insurance period a reliable capital that he could not have saved had it not been for the insurance procedure, due to the possibility that the insured himself consumed these premiums as a result of his different needs. Insurance is an effective way to create important capital.
Insurance also contributes to providing the necessary protection for development projects that are going through difficult circumstances, such as their exposure to the risk of fire, because through the amounts of insurance (compensation) you can continue their work and production.ī-Moyen de constitution des Capiteaux capital formation tool. a sense of reassurance, and the source of that need is a multiplicity of the risks surrounding it, whether those that result from natural phenomena that do not enter his wills therein or those resulting from technical progress in the field of the machine and the spread of its use for daily purposes and insurance provides this safety or protection, so the next is a guarantee for the individual And a factor of restoring self-confidence and encouraging an increase in productive and investment capacity, which depends significantly on the natural growth of the national economy.
This redemption is the guarantee in advance of the material means that enable it to eliminate the harmful consequences that it incurs from the realization of the danger. Insurance is the result of deterioration and precaution, and through insurance the insured remedies a risk or disaster that befalls him. And we see successively each of these jobs. Insurance is finally an instrument of various credit tools. Insurance is a safety tool and a vehicle for the formation of neglected capital that contributes essentially to the process of economic development. The importance of insurance is evident through the following main functions. Insurance has multiple jobs that have a positive return not only for the ordinary individual, but also for the individual community.
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