Insurance

Insurance is a financial product that provides protection against potential risks or losses. When you purchase insurance, you are essentially transferring the risk of a potential loss, such as damage to your property or unexpected medical expenses, to an insurance company in exchange for a premium. In the event that the insured event occurs, the insurance company will compensate you according to the terms of the policy. There are various types of insurance available, including health insurance, auto insurance, home insurance, life insurance, and more. Insurance is an important tool for managing risk and providing financial security in case of unforeseen circumstances.