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(i) Compensates the insured when they suffer losses from the insured risks hence continuing with business operations.
(ii) Advises/ educate traders on matters pertaining to insurance.
(iii) Invests in real estate's/ share and other securities.
(iv) Creates employment opportunities.
(v) Mobilizes saving which the business community borrows to start/ expand businesses.
(vi) Creates confidence among the businesses/ business people enabling them take risks/ risky ventures.
maurice.mutuku answered the question on July 27, 2017 at 06:18
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