Insurance!

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Insurance is a wide subject to talk about but receiving a few specific questions about it required an answer. To the best of our knowledge, we will state what is known to the majority. If you like to share or address any of these questions, pls do. You are welcome to share any info that will help your friends here.

Let’s identify insurance first.

Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company.

How many kinds of insurance are there?
Some said four, five, seven, eight, or more which is a bit confusing but assuming eight is ok. Here it says that eight types of insurance you can’t go without. More

In our next post, you’ll get an answer for what is specialty insurance and how actors, singers, circus employees are insured.

Until then, share your inspiring ideas with all of us, with our hugs and kisses ❤