Types of Insurance
This module features a short summary of different types of insurance and what they are needed for.
There are several types of insurance designed to cover various aspects of life and business. Some of the most common types are health insurance, auto insurance, homeowners and renters insurance, and life insurance.
Health insurance provides coverage for medical expenses, including doctor visits, hospital stays, and prescription medications.
Auto insurance protects against financial loss in case of accidents, theft, or damage to your vehicle.
Homeowners and renters insurance cover damage to your home or belongings caused by events like fire, theft, or natural disasters.
Life insurance: Provides a lump sum payment to beneficiaries upon the insured person's death, offering financial protection and security.
The following modules will cover each of these types of insurance in more depth.