Four Types of Insurance You Need to Know About

some of the most important types of insurance coverages you need to know about. Like Health, Life, Car, Homeowners and Renters Insurance.

Four Types of Insurance You Need to Know About

Four Types of Insurance You Need to Know About

Life is full of surprises, so it’s not uncommon for something to happen when you left expect it. For this reason, you need to safeguard your health, property and ultimately end-of-life preparation. Here are some of the most important types of insurance coverages you need to know about.


Health insurance is no longer optional. In fact, if you don’t have some type of coverage, you might be fined at tax time. Health insurance policies can be tailored to suit your overall health and personal preferences. Someone who is in excellent health without pre-existing medical conditions might opt for basic coverage. This usually covers annual exams and preventative testing. Someone who has chronic medical conditions, like hypertension, diabetes or heart disease, typically has a more comprehensive plan that covers more frequent office visits, medical testing and prescriptions. If offered under the same umbrella, it might include vision and dental into this plan as well.


Life insurance has two purposes; to cover end-of-life expenses and provide your loved ones with financial security. There are two types of policies you can acquire, term or whole. Term insurance is exactly what it sounds like. You pay a specific amount over the course of a fixed term. This can range between 15 to 20 years. Whole life insurance involves paying a certain amount of money each month until you pass away. It’s important to note that unlike term insurance, whole insurance has value, which can be cashed out. There is also a viatical type of coverage, which means the purchaser may only have a short life expectancy. There are a variety of guides you can review online, which breaks down the logistics of how the seller receives more money than with other kinds of coverage.


It should go without saying that you need car insurance to drive legally. However, not all policies are the same, so you need to know the differences prior to making a final decision. Collision will cover you if you’re involved in an accident. Comprehensive offers a variety of perks, which include paying for repairs and other forms of damage. For instance, if your car is vandalized, this plan will pay for the repairs with little to no out-of-pocket costs. Your lifestyle should influence the type of car you buy, which will in turn influence the cost of your insurance. For example, the best car for an independent woman is likely not also the best car for a parent of multiple children. 


Anyone who owns a home needs this type of insurance. It offers protection from natural disasters, theft and also appliance malfunction. You also need to show proof of homeowners prior to settlement as well. Most mortgage companies will not approve your home loan without it. The monthly payment will vary depending on where you live, the type of property, it’s overall condition and how much protection you need. You can also add on liability, which means you won’t have to worry about being sued if someone is injured on your property.


If you choose to rent instead of own, you should also have rental insurance. This will cover you in case of theft, natural disaster and even water damage from another apartment. Most management companies have a set amount of coverage you need to have prior to moving in.


A Hameed,2,Aanchal Digest,44,Ahadees Books,1,Aleem ul Haq Haqqi,2,Areej Shah Novels,1,Army Jobs,1,Articles,73,Ashfaq Ahmed,3,Aslam Rahi M.A,1,Automobiles,1,Autos,4,Business,76,Casino,10,CBD Oil,3,Celebrities,1,Children Books,1,Computer Books,32,Computer Tips,11,Computing Magazine,22,Creative Design; Business,1,Cryptocurrency,11,Dalda Ka Dastarkhwan,1,Darr Digest,7,Devta All Parts,1,Dictionaries,3,Digest,1,Digital Marketing,15,Dosheeza Digest,2,Ecommerce,1,English Books,7,English Dictionary,2,Entertainment,9,Essay Writing,9,FIA Jobs,1,Finance,5,Food,1,Forex Trading,2,Gaming,22,General Knowledge Books,1,Global Science Magazine,7,Haalim Episodes,1,Halim Novel Episodes,1,Hashim Nadeem,8,Hasrat Mohani,1,Health,41,Health Books,2,Health News,28,Health Videos,2,Hijab Digest,18,Hina Digest,21,Historical Books,3,Historical Novels,2,Home Decoration,3,How To,3,Iffat Sehar Tahir,1,Imran Series,6,Insurance,8,Interesting News,36,Internet,1,Islamic Books,14,IT Books,9,IT Urdu Magazines,9,Jasoosi Digest,23,Job Advertisements,8,Jobs,8,Khawateen Digest,44,Kiran Digest,21,Languages Learning Books,1,Legal,5,Lifestyle,5,M.A Rahat,1,Maha Malik,1,Masala Magazine,1,Maulana Ahmad Saeed Dehlwi,1,Mazhar Kaleem,5,Mehwish Ali Novels,1,Mohiuddin Nawab,13,Muhammad Idrees Khan,1,Naseem Hijazi,1,Naye Ufaq Digest,10,News,22,Nighat Abdullah,1,Nimra Ahmed,10,Pakeeza Digest,20,Pakistan History Books,1,Poetry,1,Poetry Books,2,Psychology,8,Quotes websites,1,Real Estate,2,Religious Urdu Books,3,Reviews,9,Rida Digest,3,Rohani Digest,1,Romantic Urdu Novels,54,Sachi Kahaniyan Digest,11,Sadia Abid,1,Saheena Chanda Mehtab,1,Sarguzasht Digest,24,Sayara Digest,3,Scientific Books,5,SEO,19,Shadi Books,1,Shayari,1,Shuaa Digest,45,Smartphones,18,Social Books,3,Sports,1,Sultan Bashir Mahmood,8,Sumaira Hameed,2,Sumaira Sharif Toor,1,Sumera Shareef Toor,1,Sumera Sharif Toor,1,Suspense Digest,25,Syed Wasi Shah,1,Taleem o Tarbiat Magazine,8,Tariq Mehmood Majzoobi,1,Technology,46,Technology News,32,Telecom Jobs,1,top 10,1,Traveling,1,Tutorials,1,Ubqari Magazine,23,Umera Ahmed,19,Urdu Articles,2,Urdu Computer Books,5,Urdu Dictionary,2,Urdu Digest,3,Urdu Health Books,1,Urdu Islamic Books,10,Urdu Novels,72,Ushna Kausar Sardar,1,Wallpapers,1,Women Books,1,บ่อนคาสิโน,1,
Urdu Soft Books | News, Articles, and Urdu Books Blog: Four Types of Insurance You Need to Know About
Four Types of Insurance You Need to Know About
some of the most important types of insurance coverages you need to know about. Like Health, Life, Car, Homeowners and Renters Insurance.
Urdu Soft Books | News, Articles, and Urdu Books Blog
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat March February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content