What are the types of insurance?

 

There are several types of insurance, including:

1.Life Insurance: Provides financial protection to beneficiaries in the event of the insured person's death.

2.Health Insurance: Covers medical expenses, including doctor visits, hospital stays, and prescription drugs.

3.Auto Insurance: Provides coverage for damage to a vehicle and liability for injuries and property damage caused by the insured driver.

4.Homeowners/Renters Insurance: Protects against damage or loss of property and liability for injuries that occur on the property.

5.Disability Insurance: Offers income protection if the insured person becomes unable to work due to illness or injury.

6.Travel Insurance: Provides coverage for unexpected events while traveling, such as trip cancellation, medical emergencies, and lost luggage.

7.Pet Insurance: Covers veterinary expenses for pets, including accidents, illnesses, and routine care.

8.Business Insurance: Offers various types of coverage for businesses, including property, liability, and workers' compensation insurance.

9.Liability Insurance: Protects against claims for bodily injury or property damage caused by the insured person or their property.

10.Umbrella Insurance: Provides additional liability coverage beyond the limits of other insurance policies, offering broader protection.