Insurance provides protection against the unexpected and helps avoid greater financial loss. The purpose of insurance companies is to provide customers with financial support in the event of accidents, thefts and other unexpected incidents. Insurance companies offer life and non-life insurance. Life insurance is obtained in order to provide financial support for oneself and loved ones in case of terminal illness, loss of capacity for work, accident or death. Life insurance can also be bought to collect money. Non-life insurance is obtained to mitigate financial damage. The most common types of
