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Insurance is essential as it provides financial protection and peace of mind by mitigating the risks associated with unforeseen events such as accidents, illnesses, or natural disasters.
It ensures individuals and businesses can manage financial losses, comply with legal requirements, and safeguard valuable assets.
Additionally, insurance supports social stability by helping people avoid significant financial hardships, thus contributing to overall economic resilience.
Insurance not only secures your present and future financial well-being but also empowers you to make confident decisions without the constant worry of potential losses.
Motor insurance is a type of auto insurance that is required for all vehicles, including trucks, automobiles, jeeps, motorcycles, and scooters.
Medical insurance, often known as health insurance, pays for treatment for illnesses and accidents. It either pays the medical care provider directly on your behalf or reimburses your medical expenses.
Travel insurance covers travel-related costs, losses, and other specifically listed expenses. It protects the policyholders against any damages they could incur while traveling.
Home insurance, commonly referred to as property insurance or homeowner insurance, protects the contents and structure of your home against unlucky occurrences like theft, fire, natural disasters (such as storms and cyclones), as well as man-made activities (riots and terrorism).