What Is Personal Insurance?

The term personal insurance is used to describe any kind of insurance that covers a person against loss that results from death, injury, or loss of property. These insurance coverages generally protect people and their families from losses they couldn’t afford to cover on their own. Personal insurance makes it possible to do things such as driving a car and owning a home without risking financial ruin.

Types of Personal Insurance

  • Life Insurance
  • Property Insurance
  • Marine Insurance
  • Fire Insurance
  • Liability Insurance
  • Guarantee Insurance
  • Social Insurance.