INSURANCE, life insurance, auto insurance, health insurance

1. .
• . • .
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2. .
• An arrangement by which a company or the state
undertakes to provide a guarantee of compensation
for specified loss, damage, illness, or death in
return for payment of a specified premium. It is a
thing providing protection against a possible
eventuality.
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3. .
• .
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4. • Auto Insurance
• An auto
insurance policy
typically covers
you and your
spouse, relatives
.
spouse, relatives
who live in your
home and other
licensed drivers to
whom you give
permission to
drive your car..
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5. .
Health insurance is a type of insurance that pays for medical
expenses in exchange for premiums. The way it works is that you
pay your monthly or annual premium and the insurance policy
contracts healthcare providers and hospitals to provide benefits to its
members at a discounted rate.
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6. • Life insurance was initially designed to protect
.
• Life insurance was initially designed to protect
the income of families, particularly young
families in the wealth accumulation phase, in
the event of the head of household's death.
Today, life insurance is used for many reasons,
including wealth preservation and estate tax
planning.
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7. • .
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8. .
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