What are the different types of insurance policies?

Insurance policies come in many different forms and often give people peace of mind in case of an unexpected event. In Washington, there are four main types of insurance policies available: liability, property, health, and life insurance. Liability insurance protects an individual or business if someone is injured on their property or if damage is done to someone else’s property. It also covers costs if the person or business is sued. Property insurance covers damage done to an individual’s property caused by fire, theft, or other unexpected events. It can also cover the cost of replacing property. Health insurance helps cover medical bills resulting from an injury or illness. It may also cover counseling, prescription drugs, and other health-related services. Life insurance provides a lump sum payment to a beneficiary if the insured person dies. This money can help cover funeral costs and other expenses. In Washington, it is important to understand the different types of insurance available and the coverage each provides. Speak to an insurance professional to make sure the policy best suits your needs.

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What are the different types of insurance policies?

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