In an increasingly uncertain world, insurance serves as a vital safety net, providing financial protection against unexpected events. With numerous types of insurance available, understanding which types you may need can be overwhelming. This article aims to demystify the various insurance types, their importance, and how they can protect you, your family, and your assets. Whether you’re a seasoned policyholder or a newcomer to the insurance landscape, this guide will provide you with in-depth knowledge to make informed decisions. 1. What is Insurance Definition and Purpose Insurance is a financial arrangement that provides protection against potential future losses or […]