Taking out insurance simply means covering yourself against the negative consequences if a particular event happens at some point in the future.
You can insure yourself against a whole range of risks. For example, you can insure the contents of your home against theft. Or you may want to guarantee that your family would be financially secure in the event of your death.
This part of the menu contains only general information about insurance. Make sure the insurance company properly informs you about the details before you take out the policy.