Commercial insurance, also known as business insurance, is a type of insurance coverage designed to protect businesses and organizations from financial losses resulting from various risks and liabilities.
It is an essential component of risk management for businesses, as it helps safeguard their assets, employees, and operations.
Travel insurance is a financial protection product that covers unexpected events and expenses while traveling. It typically includes coverage for trip cancellations, medical emergencies, lost luggage, and other travel-related issues.
Home insurance is a type of property insurance that provides financial protection for homeowners. It covers losses or damages to the insured property and its contents caused by events like fires, theft, vandalism, and natural disasters.
Motor insurance, often referred to as car insurance, is a type of insurance coverage for vehicles. It provides financial protection against the costs of accidents, theft, and damage to a motor vehicle, as well as liability coverage for injuries or damages caused to others in accidents.
Health insurance is a financial arrangement that provides coverage for the cost of medical expenses and healthcare services. Individuals and sometimes their employers pay premiums to health insurance companies in exchange for this coverage.
A life assurance policy, often referred to as a life insurance policy, is a contract between an individual and an insurance company. In exchange for regular premium payments, the insurance company provides a death benefit to the policyholder's beneficiaries upon the insured person's death.