Insurance
Insurance is a process which allow you to have recovery of any accident like as car accident or anything else.
In google translator, Insurance in defined as:
a practice or
arrangement by which a company or government agency provides a guarantee
of compensation for specified loss, damage, illness, or death in return
for payment of a premium.
many new borrowers take out insurance against unemployment or sickness
synonyms: indemnity, indemnification, assurance, (financial) protection, security, coverage
a thing providing protection against a possible eventuality.
adherence to high personal standards of conduct is excellent insurance against personal
problems-synonyms: protection,
defense,
safeguard,
security,
hedge,
precaution,
provision,
surety.
So insurance in like self protection or defense. There are many types of insurance. Like as :
Life insurance
Car insurance
Health
insurance
So actually you must have at-least 3 insurance to lead a better and risk free life.
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