Insurance is a contract between you and an insurance company, where you pay premiums in exchange for financial protection against unexpected events or losses.
There are various types of insurance policies available, including health, life, auto, home, and travel insurance, each catering to specific needs and risks.
Having adequate insurance coverage can provide peace of mind, protect your assets, and help you recover from unexpected events or losses.
Insurance policies can also offer tax benefits, discounts on premiums for bundling policies, and access to a network of professionals for claims assistance.
The insurance process involves selecting the right policy, paying premiums, and filing claims when needed.
It's essential to carefully review policy terms, ask questions, and seek professional advice if you're unsure about any aspect of the insurance process.