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Insurance and Loan Schemes | In our daily lives, we often find ourselves discussing topics like insurance and loans.  These financial instruments play a significant role in our economic well-being and financial security.  We will explore the intricacies of insurance & loan schemes. Shedding light on how they work & how they affect our lives. Insurance and Loan Schemes Insurance: Safeguarding Your Future Understanding the Basics Insurance is a fundamental part of our financial planning. It serves as a safety net protecting us from unforeseen events.  Providing financial assistance when we need it the most. Insurance is a contract between you & an insurance company.  You pay regular premiums & in return the insurance company promises to cover certain losses or expenses.  It's all depending on the type of insurance policy you have. Types of Insurance Health Insurance Health insurance is a common topic of conversation. Especially in today's world whe...