Many people don’t spend enough time understanding the different types of insurance products because they think it is too complicated. That is not true. Here is a basic introduction, for those who are keen to take their first step.
Types Of Insurance:
| Insurance Types | Examples |
| 1. Health Insurance | Hospitalisation & Surgery (H&S)
Critical Illness Disability Income |
| 2. Life Insurance | Term Policies
Whole Life Policies |
| 3. General Insurance | Home Insurance
Travel Insurance Auto Insurance |
As you can see, there are basically only 3 broad categories of insurance products. Of course within each category, there are more products for considerations. Watch this video to learn more about the 4 important health insurance plans before you make any purchasing decisions. .
Read more: The Variety Of Insurance Products And Why They Are Important
