Insurance as a form of risk reduction allows you to minimize losses arising from an unwanted event. The many risk factors, in the end, make you also have to choose what kind of protection is suitable for you.
These various risks that can happen to anyone, anywhere, and at any time make many types and products issued by the insurance company. This is all to accommodate the needs of the community who need a sense of security and protection from the shadows of adverse risks.
The types of insurance are very diverse and cannot only be seen from one aspect of the difference. There are different types of insurance in terms of management. There are also types of insurance that are distinguished based on their operational objectives. Finally, there are types of insurance that are differentiated according to the type of coverage.
The types of insurance will affect the various products produced. By knowing these two things, you can adjust the selection of insurance that feels most appropriate to your needs. The following is an explanation of the various types and insurance products.