Imagine a safety net for life’s unexpected events. That’s insurance in a nutshell. It covers a wide range of things, from your car and home to your health and even your life. The key idea is sharing the risk. Many people pay smaller amounts (premiums) into a pool, and if someone experiences a loss, like a fire or medical emergency, they get financial help from that pool. This financial security allows you to breathe easier, knowing you won’t be hit with a huge bill if disaster strikes.
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