Insurance is a financial product that offers protection against the risk of financial loss. It works by transferring the risk of loss from an individual or organization to an insurance company in exchange for payment of a premium.
Insurance policies are contracts between the policyholder and the insurance company, and they specify the terms and conditions under which the policyholder will be compensated in the event of a covered loss. There are many types of insurance, such as health insurance, life insurance, property insurance, and liability insurance, each designed to protect against specific risks.
The insurance industry is heavily regulated to ensure that companies meet certain standards and are able to fulfill their obligations to policyholders.
We and our partners use cookies to Store and/or access information on a device. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. An example of data being processed may be a unique identifier stored in a cookie. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. The consent submitted will only be used for data processing originating from this website. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page..