Home insurance is commonly taken to describe both buildings insurance, which insures fabric of your property, and contents insurance, which covers your belongings.

Basically it is a contract you make with an insurance company. You have to pay a premium and in return insurance company will pay for financial losses that are related to your property or your home during period of contract.

Home insurance, also known as Household insurance or Buildings and Contents insurance, provides protection against loss or damage of your property. Protecting this investment against fire, flood, theft and other risks is essential to ensure that you have necessary financial assistance available, so that you can carry on with life.

Home or household insurance is designed to protect and cover against possible risks you may encounter if you're a homeowner. It is split into 2 main categories, buildings insurance and contents insurance.

Buildings insurance covers structure of your building in event of natural disasters and possibly other accidental damage such as a burst water pipe.

The Road Traffic Act requires all motorists to be insured against their liability for injuries to others (including passengers) and for damage to other people's property resulting from use of a vehicle on a road or other public place. It is an offence to drive your car or allow others to drive it without insurance.

Owning and driving a car means taking on many risks to yourself and others. When a traffic accident happens, damage, injuries, loss or all of these factors may be inflicted upon you and others. Damage and loss of your property may also occur. Fire, theft, vandalism and natural disasters are other possible risks.

Car Insurance protects motorists and drivers against liability in event of accidents they may cause. It can also provide cover for motorist's own vehicle.

Car insurance is what safeguards you against loss due to traffic accidents, thefts or other reasons. Taking out car insurance is very important as insurance is what secures you from economic loss or damages. In case you do not have car insurance and you are involved in an accident, in spite of who is at fault, you will be paying compensation concerned with damages. Car insurance is designed to protect yourself and others against these risks.