Life insurance provides financial protection to beneficiaries in the event of the policyholder’s death. It can help cover funeral expenses, replace lost income, and provide for loved ones’ future financial needs.

Health insurance

Health insurance covers medical expenses incurred due to illness or injury. It can include coverage for doctor visits, hospital stays, prescription medications, and preventive care.

Auto insurance

Auto insurance protects against financial losses resulting from car accidents, theft, or damage to vehicles. It typically includes liability coverage, collision coverage, and comprehensive coverage.

Home insurance

Home insurance provides coverage for damage or loss to a home and its contents. It can protect against perils such as fire, theft, vandalism, and natural disasters.

Travel insurance

Travel insurance offers protection against unforeseen events while traveling, such as trip cancellations, medical emergencies, lost luggage, and travel delays.

How Insurance Works

Understanding how insurance works is essential for making informed decisions about coverage options and premiums.

Premiums

Premiums are the payments made to the insurance company in exchange for coverage. They are typically paid on a regular basis, such as monthly or annually, and can vary based on factors such as the type of coverage, the level of risk, and the policyholder’s age and health status.

Coverage

Coverage refers to the extent of protection provided by an insurance policy. It outlines what events or perils are covered, the limits of coverage, and any exclusions or conditions that apply.