What is insurance, and how does it work?

Insurance is an often overlooked but critically important tool for protecting your finances and assets against risks and uncertainties. Without it, an unexpected event like a house fire, serious illness, or car accident could prove catastrophically expensive and deplete your savings. Insurance transfers these potential costs to an insurance provider in exchange for affordable premiums. […]

INSURANCE SCHEME ON THE MARKET

What is insurance for beginners? Insurance is a way to protect yourself against significant financial losses by transferring risk to an insurance company. In exchange for paying a premium, the insurer agrees to cover some or all of the costs if something unfortunate happens, like a car accident, house fire, medical emergency, or another covered […]