Chapter 1: Basics of Insurance

Table of Contents

Understanding Insurance Concepts 

• Brief overview of what insurance is, including key terms and concepts.

Types of Insurance 

• Exploration of various insurance types such as health, life, auto, and property.

The Insurance Process 

• Explanation of how to purchase insurance, including assessing needs, comparing policies, and making a claim.

Risks and Premiums 

• Understanding the relationship between risks and insurance premiums.

Legal and Ethical 

• Aspects of Insurance Overview of the legal framework governing insurance and ethical considerations in the industry.