Danger is everywhere. When you drive to work, when you go to a new country, or when you ride your bike to a nearby store, people turn to insurance to mitigate risks beyond their control and the impacts they may face.

What is insurance? What does it have to do with danger?
Risk is associated with uncertainty; any unexpected event; Because risk is the uncertainty related to the cost, loss or damage represented by the occurrence of an undesirable event, risk management is carried out through a risk control policy, which manifests itself as avoiding or minimizing risks, the most important of which is insurance. These documents include the transfer of risk or part of the risk from the insured to the insurance company.

Insurance can be defined as a contractual arrangement in which one party (i.e. the insurance company) agrees to indemnify the other party (i.e. the insured) for loss or damage incurred; Insurance constitutes financial protection of the insured against being uninsured due to a loss occurring from any event under the control of a person in return for an appropriate amount called a premium.
The insured and the insured get a statutory insurance contract called an insurance policy.

The insurance policy contains details of the terms and conditions under which the insurance company will pay the sum insured to the insured or nominee.
Insurance companies take the risk of providing high coverage at small premiums, because few insured people end up actually paying claims, and any individual or company can apply for insurance from the insurance company, but it is up to them to provide the coverage.
In general, insurance companies refuse to cover applicants who are at very high risk.

Insurance type:
Insurance is mainly divided into two categories: life insurance and general insurance, and they can be divided into the following categories:

life insurance:
As the name suggests, life insurance is your life insurance, a contract that provides financial compensation in the event of death or disability.

general insurance:
Any insurance other than life insurance, subject to general insurance; Almost anything can be insured.
Many types of insurance fall under the general insurance framework. Such as:

1- Health insurance:

This type of general insurance covers medical expenses; Pay the costs of treating any injury or illness.
It usually covers hospitalization, critical illness treatment, routine care procedures, and medications as well as maternity, pre-existing and accident insurance.

2- Car insurance:

Car insurance is an important policy for every car owner; It protects it from any accident, and some documents can compensate for damage to the vehicle in the event of a natural disaster such as a flood or earthquake.

3- Travel Insurance:

Travel insurance indemnifies any financial liability arising from medical and non-medical emergencies while traveling abroad or domestically; Travel insurance covers lost baggage, emergency medical expenses, lost passports, hijackings, flight delays and accidents.
4- Home insurance:

Home insurance helps cover losses or damages that may occur to your home due to accidents like fire, natural disasters or other perils, and it also covers the home in other cases like lightning, earthquakes, etc.

5- Fire insurance:

Compensating the insured and their property for fire damage. Covers the cost of replacing, rebuilding or repairing the insured property, as well as damage to third party property due to fire.
6- Education insurance:

Education insurance is a savings tool, and a great way to save as a lump sum when your child reaches post-secondary age and enters college (18 years or older), and under this insurance, the child is insured or subject to sponsor money. And the father – the legal guardian – is the owner of the document.