Child Insurance
Child insurance refers to insurance plans created especially to cover a child’s future costs, such as schooling, medical care, and other expenses. It often entails a parent or guardian buying an insurance policy with the child as the beneficiary on the child’s behalf. Life insurance and health insurance are the two main categories of child […]
What is Insurance? Types of Insurance
What is Insurance? Types of Insurance A contract known as insurance is one in which a person or organization (known as the insured) pays a premium in exchange for the insurer’s guarantee to make payments to the insured in the event of a covered loss or incident. By shifting the risk from the insured to […]