Health: Health insurance policies cover the costs of medical treatments for various types of diseases that threaten human life. Disability insurance is considered as a different type of insurance that aims at providing financial support to the physically disabled individuals in society. Casualty insurance policies cover accidents.
Life: Life is priceless! However, there are measures to ‘insure’ it. Life insurance policies provide a monetary benefit to the descendants of the deceased individual. They also aim at providing the insured person’s family with burial and funeral expenses.
Property: Property insurance insures property, thus protecting it against threats like fire, theft or damage due to harsh weather conditions.
Credit: Credit insurance policies are meant for the repayment of loans in case of death, disability or unemployment of the borrower.
Take a look at the list of the different types of insurance.
Accidental death and dismemberment insurance: This insurance covers death and injury that results from accidents. Death that results from illness, suicide or natural reasons is not covered under this type of insurance.
These are tha main type of insurance.
NOW HERE IS THE LIST OF OTHER TYPES OF INSURANCE TYPES
Flood Insurance
Homeowners Insurance
Renters Insurance
Private Mortgage Insurance (PMI
Insurance Brokers & Agents
Health Insurance
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