What is Insurance?
Insurance is a way of spreading out significant financial risk of a person or business entity to a large group of individuals or business entities in the occurrence of an unfortunate event that is predefined.
Cover the building you live in and your personal belongings inside against different kinds of perils.
These include personal injury liability coverage and property damage liability coverage.
You need to buy such coverage so that you can have your medical bills covered in case you get sick or injured.
With this type of coverage, you are financially protected in case you default on a loan.
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