Buying insurance is the best way to manage the risk of losses that could be financially catastrophic to you. There are eight types of insurance you need.
Insurance is a way to have protection from financial losses. That coverage provides a guarantee of compensation for individuals in return for a payment of a premium.
The Policy
An insurance policy is a contract between the person buying insurance (the insured) and the insurance company (the insurer) sold by insurance agents.
2. Homeowner’s Insurance
Your home is usually your most significant asset. Here is where our families live and spend precious time with our children and pets.
4. Life Insurance
Life insurance is protection for families that are fully or partially dependent on your income. If a working parent passes away, their income is lost.