Providing insurance services
Description
Providing insurance services involves offering financial protection against specific risks by pooling resources and distributing losses among policyholders. This strategy mitigates the impact of unforeseen events—such as accidents, illness, or property damage—by compensating individuals or organizations for covered losses. The practical intent is to reduce vulnerability, promote stability, and enable recovery, thereby remedying the economic insecurity and disruption that can result from unpredictable adverse events.
Broader
Narrower
Facilitates
Facilitated by
SDG
Metadata
Database
Global strategies
Type
(C) Cross-sectoral strategies
Subject
Content quality
Yet to rate
Language
English
1A4N
J4462
DOCID
12044620
D7NID
193775
Editing link
Official link
Last update
Dec 3, 2024