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Insurance is a service one can purchase for the purpose of guarding against damage, theft or any kind of loss of property or health. Investing is the practice of providing money to a third party in exchange for the return of that money (or equal value asset) with some level of profit on the original value.

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14y ago
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Anonymous

Lvl 1
3y ago
Are yearly investments made based on profits of a small company, as compared to insurance policies requiring a monthly premium payment?

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Q: What is difference between insurance and investment?
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