Discuss the Difference between Insurance and Assurance. – McqOptions

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1.	Discuss the Difference between Insurance and Assurance.
A.	Insurance: Protection Against an Event, that Will Happen. Assurance: Protection Against an Event, that Might Happen.
B.	Insurance: Protection Against an Event, that Might Happen. Assurance: Protection Against an Event, that Will Happen.
C.	Both: Insurance and Assurance, Refer to the Same Thing.
D.	Insurance: Guaranteed Protection, Against an Event, that Might Happen. Assurance: Protection Against an Event, that Might Happen, is Not Guaranteed.
Answer» C. Both: Insurance and Assurance, Refer to the Same Thing.

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