Insurance

Insurance is a financial arrangement that provides protection against unforeseen risks or losses. By paying regular premiums, individuals transfer the risk of financial hardship from unexpected events—like accidents, illnesses, or property damage—to an insurance company. In return, the insurer promises to cover specific costs as outlined in the policy. This helps individuals and families manage potential financial burdens and provides peace of mind, knowing they have support in times of need. Essentially, insurance acts as a safety net, helping to safeguard your financial well-being against life's uncertainties.