Types of insurance

insurance that covers the whole or a part of the risk of a person incurring medical and healthcare expenses

financial product

type of insurance

a part of the general insurance system of risk financing to protect the insuree from the risks of liabilities imposed by lawsuits

insurance that provides protection against most risks to property, such as fire, theft and some weather damage

Takaful (, sometimes translated as "solidarity" or mutual guarantee) is a co-operative system of reimbursement or repayment in case of loss, organized as an Islamic or sharia-compliant alternative to conventional insurance, which contains riba (usury) and gharar (excessive uncertainty).

insurance company owned entirely by its policyholders

a type of property insurance that covers a private residence

insurance covering the loss of ships and other transport

typically defined as any insurance that is not determined to be life insurance

type of insurance which covers policyholders against the potential costs of legal action brought by or against the policyholder

Bancassurance is a relationship between a bank and an insurance company that is aimed at offering insurance products or insurance benefits to the bank's customers. In this partnership, bank staff and tellers become the point of sale and point of contact for the customer. Bank staff are advised and supported by the insurance company through wholesale product information, marketing campaigns and sales training. The bank and the insurance company share the commission. Insurance policies are processed and administered by the insurance company.

insurance for injuries during employment, in exchange for relinquishing the right to sue the employer

Microinsurance is the protection of low-income people (defined as those living on more than approximately $1 but less than $4 per day) against specific perils in exchange for regular premium payment proportionate to the likelihood and cost of the risks involved. This definition is exactly the same as one might use for regular insurance except for the clearly prescribed target market: low-income people. The target population typically consists of persons ignored by mainstream commercial and social insurance schemes, as well as persons who have not previously had access to appropriate insurance

insurance that reimburses veterinary costs

Form of property insurance

alternative to self-insurance in which a parent group or groups create a licensed insurance company to provide coverage for itself

Type of consumer insurance, often mis-sold

liability insurance

Liability and equipment coverage for aircraft

insurance covering items inside the home

Insurance that pays out if holder has a major illness

form of mutual maritime insurance

type of insurance

a type of insurance where the policy holder is paid directly in the event of an accident resulting in injury of the insured

insurance

form of reinsurance, consisting of risk-linked securities that transfer a specified set of risks from a sponsor to investors