What exactly insurance does

Insurance helps protect you from financial loss when things go wrong. For example: • your mobile phone could fall out of your pocket and break while you’re traveling (and you need a new one) • you might be injured in a car accident (and you have to pay for treatment and the cost of repairs [...]

insurance policies types

Term Life Term life insurance covers the insured for what is usually a relatively short period of time. All of the money from the premium is used to pay for the insurance itself. Therefore, at the end of each term, the policy must be renewed. The policy does not accrue equity for the insured. There [...]