Insurance

Insurance is a financial protection tool that provides coverage against potential risks or losses. When you buy insurance, you pay premiums to an insurance company, and in return, the company agrees to compensate you for certain types of financial losses, such as accidents, health issues, property damage, or life events. Different types of insurance include health, auto, home, life, and business insurance. The goal of insurance is to help you manage unexpected expenses by transferring the financial burden to the insurer in exchange for regular payments.