Health Insurance: Health insurance is a type of insurance that provides coverage for the cost of medical and surgical expenses incurred by the insured individual. This type of insurance can cover various healthcare expenses, such as doctor visits, hospital stays, prescription medications, and diagnostic tests. There are also government-funded health insurance programs, such as Medicare … Read more
Life Insurance: Life Insurance It provides financial protection to the family or loved ones of the deceased, helping them to cover expenses and continue living their lives. Two major types of life insurance: Term life insurance Permanent life insurance. Term Life Insurance: Term life insurance provides coverage for a specific period, typically 10, 20, or … Read more
Insurance: Insurance is a mechanism for transferring risk from an individual or organization to an insurance company. Insurance companies provide financial protection to their policyholders by reimbursing them for losses or damages they may incur due to covered events or accidents. There are many types of insurance, including health insurance, life insurance, auto insurance, homeowner’s … Read more