Is insurance a fixed asset? (2024)

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Insurance, on the whole, is attached to fixed assets and becomes a part of fixed assets, hence it is considered a fixed asset.
Also see:
Difference Between Assets and Liabilities
What Are Non Current Assets?

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What Is Term Insurance? How Does It Work, and What Are the Types?Why car insurance rates are so high Life insurance Definition & Meaning | Britannica Dictionary Abstract Nouns - Definition, Examples and Usage

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Is insurance a fixed asset? (2024)

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