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San Diego CA USA

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Physical Address 11440 W. Bernardo Court
San Diego CA USA

Business/Community Description

The sector of insurances produces a significant impact on the economy. It mobilizes domestic savings. Insurance turns the capital accumulated into investment. Another advantage is to mitigate the losses. Insurance enforces financial stability. Commerce activities and trades result in economic growth. The conclusion is the insurance has an essential role in the sustainable growth of individuals and businesses. Some studies found a positive relationship between life insurance and economic growth for developed countries. Insurance performs similar functions as market stock or banking sector. It is demonstrated that insurances have an important contribution to economic growth. Insurance also promotes a sense of security that gives insured peace of mind


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