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There are several types of insurance, including health, auto, home, life, and disability insurance. Each type serves a different purpose and provides coverage for specific risks. Health insurance covers medical expenses, auto insurance covers vehicle damage and liability, home insurance protects against property damage, life insurance provides financial support in case of death, and disability insurance offers income protection if you are unable to work due to a disability. The main difference between these types of insurance is the risks they cover and the benefits they provide.

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4mo ago

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