Insurance
Insurance is when you pay a company a little money regularly, and in return, they help cover the cost of unexpected events or accidents.
It’s like an umbrella on a rainy day. Imagine your life as a walk through different weather conditions. Most days are good, but sometimes bad things happen, like accidents, getting sick, or things getting damaged.
If it rains (an unexpected event occurs), your umbrella (insurance) opens up to shield you, covering the costs that otherwise would soak your finances.
Insurance is a way to safeguard against large, unexpected expenses, ensuring a downpour doesn’t leave you drenched financially.