What Types of Personal Insurance Exist?


Protect heart healthcare

There are various kinds of insurance that will protect you, your family or your investments in a number of situations. Here’s a list of a few kinds of personal insurance. Make sure to always read the different policies carefully before you decide to buy. Also compare different policies so you can get the best policy at the best price.


Car insurance


In most states, you’re not allowed to drive if you don’t have auto insurance. If your vehicle is older, you may only have to buy minimum coverage. But make sure you know your state’s requirements and consult a good insurance agent to know what’s needed and the most realistic coverage in your own situation. The major kinds of car insurance include personal injury, liability, under-insured/uninsured motorist, collision and comprehensive.


Health insurance


This kind of insurance at this website is for covering your medical costs. It can help cover the costs of visiting your doctor and prescription medicine. If you’re hospitalized or have a catastrophic medical emergency, this policy could save thousands of your money. If your health coverage comes with options, take your lifestyle into account when choosing. Those who are healthy and single don’t need as much coverage as families, seniors, or those with several health problems. Moreover, insurance networks vary by which doctors and medical centers they work with. Check whether your doctor falls under your plan.


Disability insurance


This insurance will give you income in case you’re not able to work for a long period of time. Disability insurance can save you from bankruptcy or homelessness. This type of insurance is quite inexpensive and covers temporary, permanent, partial or total disability. For more info abut insurance, visit http://www.ehow.com/list_7384808_six-types-insurance-claims.html.


Life insurance


If you’ve got a family that depends on your earnings, you need this kind of insurance. Life insurance will provide your family with income when you die. It will also cover your burial expenses.


Homeowner’s or renter’s insurance


If you own a house, you should get this kind of insurance at this link to help protect your property (its structure and contents). Based on your situation, it’s also possible to get property insurance, mortgage insurance, and/or title insurance. If you’re a tenant, you need renter’s insurance to protect your personal possessions as well as protect against damage to your flat or other people’s flats (for instance, if a fire in your flat spreads to your neighbor’s flat). To know what amounts and types of coverage you need, talk to your insurance agent.