Medical insurance covers the cost of an insured individual's medical and surgical expenses. It covers you and your families against unforeseen expenses arising from illness, injury or accidents such as medicine, visits to the doctor or emergency room, hospital stays and other medical expenses. You are allowed to choose a doctor or hospital from a list of "preferred" providers in order to receive maximum benefits.

Life Insurance is a protection against the loss of income that would result if the insured passed away. The named beneficiary receives the proceeds and is thereby safeguarded from the financial impact of the death of the insured. The goal of life insurance is to provide a measure of financial security for your family in case of death. So, before purchasing a life insurance policy, you should consider your financial situation and the standard of living you want to maintain for your dependents so they can continue to live the lifestyle they have become accustomed to if you pass away or suffers a debilitating illness or injury.

Motor insurance is a policy purchased by vehicle owners to mitigate costs associated with getting into an auto accident. Instead of paying out of pocket for auto accidents, an annual premium can be paid to the auto insurance company; the company then pays all or most of the costs associated with an auto accident or other vehicle damage. The amount you as policyholders pay to be insured, vary depending on: age, gender, years of driving experience, accident and moving violation history, and other factors.

Property Insurance policy provides financial reimbursement to you as owner or renter of a structure and its contents, in the event of theft or damage caused by fire, smoke, wind, hail, weight of ice and snow, lightning, theft and more. It can include homeowners insurance, renters insurance, flood insurance and earthquake insurance. The property insurance policy will either reimburse you as the policyholder for the actual value of the damage, or the replacement cost to remedy the damage.

Personal Accident insurance provides compensation in the event of injuries, disability or death caused solely by violent, accidental, external and visible events such as accidental death, corrective surgery, temporary total or partial disablement, As a result, you will be unable to work and then you can incur significant financial losses. Personal accident insurance can help offset some of these unexpected expenses by providing hospitalization benefits, funeral or medical expenses.

Pension is a fixed sum to be paid regularly to you (the pensioner or retiree), typically following retirement from service according to a fixed formula which usually depends on your salary or the amount of money contributed and the number of years' membership in the plan. Some pension plans will provide for you in the event you suffer a disability. It provides you with an income during retirement when you are no longer earning a steady income from employment. It is paid in regular installments may be by employers, insurance companies, the government or other institutions.