Vocabulary The difference between "Assurance & Insurance" The both are given guarantee (Money) if something Bad Happens to you or your Wealth. Insurance is used for your Wealth damage such as Car, Mortgage,...Or when you are ILL. Assurance is used when You Pass away(Die).The money will be given to your family. The Insurance company will pay for my sickness or my financial losses at any time.( Insurance will provide me the money when Im in life not died.) I decided to get official life assurance, so that when I die my wife will receive some money.( Assurance is used when you die.) 174 views16:30
