Ivanka Trump sits backstage in the hairstylist’s chair before Marc Bouwer’s fall fashion show in 1997. (Mitchell Gerber/Corbis/VCG via Getty Images)

Ivanka Trump sits backstage in the hairstylist’s chair before Marc Bouwer’s fall fashion show in 1997. (Mitchell Gerber/Corbis/VCG via Getty Images)

 

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Insurance, insurance, or insurance is a means of dealing with the risks to which a person may be exposed in his or her life during his or her lifetime in order to mitigate it. The essence of this method is the cooperation that is achieved with the participation of people at risk in the face of the effects that result from achieving for some of them, by paying each of them for participation or premium, and collect the amounts collected and then distributed to those who solve the disaster. Thus, the impact of the disaster on those involved in such cooperation. Insurance is a practical reality. It is one of the best ways for a person to mitigate the effects of disasters, whether these disasters are caused by the person himself or by negligence or by others. It is a means of safety that conforms to the spirit of the modern era in which the demands of life have increased and the danger of the machine has increased and the risks of development become clear.

The effectiveness of insurance, as the modern means of dealing with risks and the effects it has caused, is the main reason that led to its prosperity, diversity of its fields, its development and its spread to different areas, to insure individuals from every risk they are exposed to, whether in their money or their people. The effectiveness of insurance also led to the imposition by some States of certain types in order to ensure that certain categories of people were compensated for a particular accident.

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