Question

what is insurance ? explain the various types of insurance
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Answer 1

Answer:

• Insurance is a cover up of risk.
• types of insurance:-
• types of insurance:-life insurance
• types of insurance:-life insurancemarine insurance
• types of insurance:-life insurancemarine insurancevehicle insurance
• types of insurance:-life insurancemarine insurancevehicle insurancepet insurance
• types of insurance:-life insurancemarine insurancevehicle insurancepet insuranceproperty insurance
• types of insurance:-life insurancemarine insurancevehicle insurancepet insuranceproperty insuranceworker's compensation insurance
• types of insurance:-life insurancemarine insurancevehicle insurancepet insuranceproperty insuranceworker's compensation insurancebusiness interruption insurance

Answer 2

Question

What is Insurance ?

Answer

Insurance is a means of protection from financial loss. It is a form of Risk management , primarily used to hedge against the Risk of a contingent or

uncertain loss.

Question

Explain The various Types of Insurance

Answer

• Life Insurance - Life Insurance is Important if you have people who are dependent on you Financially .

• Health Insurance - Health Insurance is another one of the four main types of Insurance that experts recommend .

• Disability Insurance - Many of us doubt that we will ever become disabled, and therefore we omit to take out long - term disability coverage .

• Auto Insurance - Laws vary between different countries, but the importance of auto insurance remains constant .