Health insurance helps cover the cost of medical treatments, hospital stays, prescription drugs, and preventive care, reducing out-of-pocket expenses for medical emergencies.

Life insurance is a contract between an insurer and a policyholder, where the insurer pays a designated beneficiary a sum of money upon the death of the insured person.

The main types are term life insurance, whole life insurance, and universal life insurance. Term life provides coverage for a specific period, while whole and universal life offer lifelong coverage and a savings component.

Life insurance is important for individuals with dependents, such as a spouse, children, or other family members who rely on their income. It provides financial security to beneficiaries in case of the insured's death.

Auto insurance is a contract between a vehicle owner and an insurance company that provides financial protection against physical damage and/or bodily injury resulting from traffic collisions and other vehicle-related incidents.

Common types of coverage include liability coverage, collision coverage, comprehensive coverage, uninsured/underinsured motorist coverage, and personal injury protection.

Premiums are based on factors such as the driver's age, driving history, type of vehicle, location, and coverage level.