What is insurance?
Insurance gives some financial protection or coverage against a range of events which could cause you or your dependants some loss, for example,
- death of breadwinner
- total and permanent disability
- critical illness
- loss of your belongings
- damage to car
- damage to house
If the event happens, the insurance company or insurer which sold you the policy will pay you an agreed amount, or an amount to cover some or all of the loss.
Find out the which types of insurance may suit your needs.