We only know health and car insurance lets understand different types of insurance

Health Insurance

• Individual Health Insurance: Covers medical expenses for individuals.

• Family Floater Health Insurance: Covers all family members under a single policy.

• Critical Illness Insurance: Provides a lump sum benefit upon diagnosis of specific critical illnesses like cancer, heart attack, etc

Life Insurance

Term Life Insurance: Provides coverage for a specified term, paying a benefit only if the insured dies during the term.

• Whole Life Insurance: Offers lifetime coverage with a savings component.

• Universal Life Insurance: Flexible policy combining term insurance with an investment component.

• Endowment Plans: Combines insurance with savings, providing a lump sum on maturity or death

Auto Insurance

• Third-Party Liability: Covers damages to other people's property and injuries to others.

• Comprehensive Coverage: Covers damages to your vehicle and third-party liabilities.

• Collision Coverage: Pays for damages to your car resulting from a collision.

• Personal Injury Protection (PIP): Covers medical expenses and lost wages for you and your passengers after an accident.

Homeowners Insurance

• Dwelling Coverage: Protects the structure of your home.

• Personal Property Coverage: Covers the contents of your home.

• Liability Protection: Covers legal costs if someone is injured on your property.

• Additional Living Expenses (ALE): Covers the cost of living elsewhere if your home is uninhabitable due to a covered peril.

Renters Insurance

• Personal Property Coverage: Covers your belongings in a rental property.

• Liability Coverage: Protects against legal liabilities if someone is injured in your rental unit.

• Loss of Use: Covers additional living expenses if your rental becomes uninhabitable.

Travel Insurance

• Trip Cancellation/Interruption Insurance: Reimburses non-refundable travel costs if your trip is canceled or interrupted.

• Medical Travel Insurance: Covers medical expenses incurred while traveling.

• Baggage Loss/Delay Insurance: Covers loss or delay of baggage.

Liability Insurance

• General Liability Insurance: Covers businesses against claims of bodily injury or property damage.

• Professional Liability Insurance: Protects professionals against claims of negligence or mistakes.

• Product Liability Insurance: Covers manufacturers and sellers for damages caused by their products.

Business Insurance

• Property Insurance: Covers physical assets of the business.

• Business Interruption Insurance: Compensates for lost income if business operations are disrupted.

• Workers’ Compensation Insurance: Provides wage replacement and medical benefits to employees injured at work.

Pet Insurance

• Accident and Illness Coverage: Covers veterinary expenses for injuries and illnesses.

• Routine Care Coverage: Covers regular check-ups and preventive car.

Marine Insurance

• Cargo Insurance: Covers loss or damage to goods in transit.

• Hull Insurance: Covers damage to the ship or boat itself.

• Freight Insurance: Protects against loss of freight revenue.

Crop Insurance

Yield-Based Insurance: Compensates for crop yield losses due to natural calamities.

Weather-Based Insurance: Covers losses due to adverse weather conditions.

These insurance types cover a wide range of risks, ensuring financial protection and peace of mind in various aspects of life and business.