LIFE INSURANCE

Insurance that pays out a sum of money either on the death of the insured person or after a set period.

 It covers the vehicle for damages against accidents, fire, natural disasters, theft among others and also covers for any injury to the owner. 

  Insurance taken out to cover the cost of medical care.  

 General insurance or non-life insurance policy , including automobile and homeowners policies, provide payments depending on the loss from a particular financial event.