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Date Posted:03:28:00 01/15/10 Fri Author:Faraz Ahmed Author Host/IP: 126.96.36.199 Subject: Insurance Guidance
First, insurance is a repayment of a random loss. The timing or occurrence of the loss must be uncertain. For example, you can't know your house is going to be destroyed in three weeks by a demolotion team and still get home owner's insurance.