1. What are the different types of insurance?
There are different types of insurance; in any case, they can be broadly categorized into two classes: insurance that covers you and insurance that covers your belongings. Insurance that covers you is by and large called individual commitment insurance, and it shields you from being sued or considered at risk for hurting someone or causing mischief to their property. This kind of insurance is regularly required if you own a home, have a vehicle, or participate in unambiguous activities that could cause a disaster. Insurance that covers your resources is typically called property insurance, and it safeguards your belongings from being lost, taken, or hurt. This kind of insurance is by and large expected if you own a home, a vehicle, or other critical things. There are different types of insurance; however, the two most common are private gambling insurance and property insurance.