Types of insurances

The following are the three main types of insurance policy:

Life insurance

Life insurance policies pay out in the event of the death of either one or more people

Property and casualty insurance

Property and casualty insurance covers the risk of damage or loss, which can be damage to or loss of property, but it can also be the financial loss incurred if you are no longer able to work, for example

Health insurance

One example of health insurance is medical expenses insurance, which covers possible medical expenses incurred by the policyholder and members of the policyholder's family

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