Insurance is a financial safety net that protects you, your family, and your assets from unexpected events such as accidents, illness, loss, or damage. It works by transferring risk to an insurance provider in exchange for regular premium payments. There are various types of insurance, including health, life, auto, home, and travel insurance—each serving a specific purpose. The right insurance plan not only offers peace of mind but also helps prevent financial setbacks in times of crisis. Understanding your insurance needs and choosing the right coverage is essential for long-term financial stability and protection.