Insurance is a crucial aspect of financial planning, providing protection against various risks. Here's an in-depth look at different types of insurance policies:
Life insurance offers financial protection to the policyholder's beneficiaries in the event of their death. It ensures that loved ones receive a payout, providing financial security.
Health insurance covers medical expenses, including hospitalization, surgery, and prescription medications. It ensures access to quality healthcare while mitigating the financial burden.
Auto insurance protects against financial loss resulting from vehicle accidents, theft, or damage. It is a legal requirement for vehicle owners, offering peace of mind on the road.