Insurance is a kind of risk management that have been used to hedge against the risk of a contingent loss. In a simple sentence, insurance is about how to transfer the risk we have into some cash. In some countries, there are lots of people that already fully aware about the benefits of the insurance.

After they knew about the benefits of insurance, people went to the insurance companies as fast as they could to apply for it. Those people realize that they have to protect their property to hedge some risk that might be happen tot their property. There are many kind of insurance these days. People simply have to pick one or two insurance that they need.

Today, people also can make insurance for their life and their health. Off course, the benefits of the life insurance would not be enjoyed by the owner, but the family would surely enjoy the benefits of the life insurance. The health insurance is really good to cover us from the large payment of the hospital when we need some treatment at the hospital. In one sentence: the insurance is simply a device that give us a chance to feel more safe because we knew that no matter what happen to us, there is a cover that has been ready for us.

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