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Insurance plays a significant role in everything imaginable. One reason why is because it must be legally owned to perform certain activities — think of auto insurance and driving a car; other examples of compulsory insurance include workers' compensation and professional liability insurance.
But many would argue that the real reason insurance is everywhere is because of the role it plays in protecting individuals in the event of damage, loss, illness or death. Insurance is crucial in all types of scenarios, especially the ones that are almost too bizarre to believe.
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