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describe some major types of insurance coverage

describe some major types of insurance coverage

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Answer #1

The basic forms of insurance policies which assure the insurance coverage are as follows:

1. Life Insurance: Insures the Life of an individual.

2. Health Insurance: Term Insurance for the health of the individual. Taken by individuals, or companies for their employees.

3. Marine Insurance: Against the risk of loss during sea travels.

4. Property Insurance, Auto Insurance, Home Insurance: Insurance against the risk of loss of property.

Hope this is helpful!!

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