What is insurance in brainly?
Explanation. Insurance is a legal agreement made by an insurance company in which a person receives a protection from financial loss.
What are 4 main types of coverage and insurance?
Four types of insurance that most financial experts recommend include life, health, auto, and long-term disability.
What is insurance coverage a type of risk protection that can be purchased from an insurance company?
Insurance coverage is the amount of risk or liability that is covered for an individual or entity by way of insurance services. Insurance coverage, such as auto insurance, life insurance—or more exotic forms, such as hole-in-one insurance—is issued by an insurer in the event of unforeseen occurrences.
What is the most important insurance to have?
Health insurance is arguably the most important type of insurance. A 2016 Kaiser Family Foundation/New York Times survey found that one in five people with medical bills filed for bankruptcy. With a stat like this, investing in health insurance can help you prevent a significant financial hardship.
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