Types of insurance
TYPES OF INSURANCE:
Individuals and businesses can choose from a variety of insurance options. Here are a few illustrations of the most common types:
Health insurance: which can be purchased by individuals or provided by employers, covers medical expenses.

Life insurance: protects your loved ones financially in the event of your death.
Auto insurance: Provides coverage for you and your vehicle in the event of an accident, theft, or other damage.
Homeowners insurance: Covers damage or loss to your home and personal belongings due to events such as fire, theft, or natural disasters.

Renters insurance: Protects renters' personal property and liability in the event of theft, damage, or injury to others while on the rental property.
Disability insurance: Replaces lost income if you are unable to work due to an illness or injury.
Long-term care insurance: Provides coverage for long-term care services, such as nursing home care, for those who are unable to care for themselves due to illness or disability.
Travel insurance: Covers unexpected events that may occur while traveling, such as trip cancellation, medical emergencies, or lost or stolen luggage.
Business insurance: Provides coverage for various risks faced by businesses, including property damage, liability, and worker's compensation.
Liability insurance: Protects individuals or businesses from legal claims resulting from injuries or damage to property caused by their actions.
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