Insurance is a financial arrangement that provides protection against the financial impact of unforeseen events or risks. It involves the transfer of risk from an individual or entity to an insurance company in exchange for a premium. Here are key aspects related to insurance:
Covers medical expenses incurred due to illnesses, accidents, or other health-related issues.
Protects against financial losses arising from damage to or theft of a vehicle, as well as liability for injuries to others in accidents
Covers damages or losses to a home and its contents caused by events like fire, theft, or natural disasters.
Provides coverage for unexpected events while traveling, such as trip cancellations, medical emergencies, or lost luggage.
Covers losses or damages to commercial properties, including buildings and contents.
Protects individuals or businesses from the financial consequences of legal claims made by third parties for injury or damage.