Insurances provide financial cover for the following unexpected events:
Sudden death
Health emergencies
Damage to property/goods due to fire
Damage to property/goods due to natural disasters (earthquake, flood, etc)
Damage to vehicle due to accidents
Hospitalisation due to accident
Insurance is a financial backup at the time of an emergency. If you have an insurance policy, you will not have to use up your hard-earned savings. The insured amount will help pay for the emergencies.
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