Insurance is basically a way of managing risks. You can buy insurance for things like cars, houses, any property, pets, health or even life insurance! It helps you and your loved ones recover after something bad happens, such as fire, theft, or a car accident.
Let’s just say that someone had a car accident and their car got damaged. If they have car insurance, they won’t have to pay the entire cost for the damages, since a part of it is covered by their insurance company. The amount of money that will be covered depends on the insurance provider.
Having basic insurances can help protect you from high, unexpected costs. We can’t predict what happens to us but we can buy insurance and save ourselves from these costs.
Mission Saksham 