INSURANCE AS A METHOD OF NEUTRALIZING FINANCIAL LOSSES FROM DESTRUCTIVE UNPREDICTABILITY LEADING TO LOSS OF BUSINESS PROFIT (INCOME)

Abstract

The article discusses methods for neutralizing financial losses from destructive unpredictability, leading to the loss of financial resources. One of the methods of neutralizing financial losses is insurance. Therefore, the article notes that in recent years, legal entities and individuals have begun to pay attention and use the services of insurance organizations more often. The purpose of this is to minimize financial losses. Particular attention is paid to consumer credit insurance and the use of voluntary export credit insurance in order to promote the development of foreign economic relations, stimulating and increasing the competitiveness of exports.