There are many different forms of personal insurance available to you. Insurance protects you from loss in situations when you may need money and are unable to provide it yourself. For example:
- Disability insurance gives you a source of income in case you have to stop working because of an injury or sickness.
- Life insurance gives money to your family or friends in the event of your death.
- Automobile insurance will cover the cost of an accident.
- Health insurance may cover costs of prescription medications.
There are many other types of insurance that could be helpful to you depending on your situation. For a list of different kinds of insurance and how they work visit Settlement.Org where you can also learn how to buy insurance.