Your Financial Guide Insurance

Insurance is a financial arrangement that provides protection against financial loss or risk. There are various types of insurance, each designed to cover specific areas of risk. Here are some common types of insurance:

1. Health Insurance:

• Provides coverage for medical expenses, including hospitalization, doctor visits, prescription medications, and other health-related expenses.

2 .Life Insurance:

• Pays out a sum of money to the beneficiaries of the insured person in the event of the policyholder’s death. There are different types of life insurance, including term life and whole life insurance.