Insurance

Insurance is a financial product that protects individuals or businesses from unexpected financial losses. By paying regular premiums, policyholders receive coverage for specific risks, such as accidents, illness, theft, or natural disasters. Common types of insurance include health, life, auto, and home insurance. In the

event of a claim, the insurance company compensates the insured based on the terms of the policy. Insurance provides peace of mind and financial stability during difficult times. It’s also a legal requirement in many areas, especially for vehicles. Companies and individuals rely on insurance to reduce risk and manage unpredictable expenses.