Accidental death and dismemberment insurance (AD&D) is a type of insurance protecting death and set types of injury that occur from an accident. In an accidental death event, the insurance will pay benefits on top of any life insurance carried. Some types of death are generally not covered, such as death by illness, suicide, or natural causes. In addition to the covered types of death, AD&D usually pays benefits involving the loss of limbs, fingers, sight and permanent paralysis.

Bond insurance is a type of insurance that issuers of a bond can pay a third party a premium service, that will provide interest and capital repayments as stated in the bond in the event of the issuer failing to do so. The reason of this is to raise the rating of the bond to that of the insurer, since a bond insurer's credit rating must be impeccable.

Business overhead expense a.k.a BOE disability insurance pays the business overhead costs if they become disabled. A BOE policy pays a 30 day benefit based on expenses, not projected profits. It is setup for companies that rely on a few people (or one person) to generate revenue.

Casualty insurance is written to cover loss that is the result of accidents directly. It can include Auto liability insurance for car accidents, and Marine insurance for ship wrecks, although life, health, and property insurance are generally excluded.

Catastrophe bonds a.k.a cat bonds are risk linked securities that move a set of risks between sponsors and investors. They are commonly setup as floating rate corporate bonds where the principal is forgiven if the trigger conditions are met. They are generally an alternative to traditional catastrophe reinsurance from the insurers.

Chargeback insurance is an insurance coverage plan protecting merchants who accept credit cards. The chargeback insurance protects merchants when there is cardholder fraud such as unauthorized charges, and covers claims arising out of the merchant's liability to the service bank.

Contents insurance covers the damage or loss of personal possessions that are located within their dwelling. Some contents insurance policies also have restricted coverage for personal possessions momentarily removed from the house by the policyholder.

Crime insurance covers losses due to criminals. Some companies buy crime insurance so they can file claims for employee theft and other offenses that may cause financial ruin. Some capitalists choose the use of crime insurance by individuals additionally to insure losses due to murder, rape, and other violent crimes in addition to property crimes. This sub niche of crime insurance is called aggression insurance.

Critical illness insurance is where the insurer is to pay a lump sum of cash if the policyholder is diagnosed with one of the critical illnesses listed in the insurance policy. Some common conditions covered are: Alzheimer's disease, blindness, deafness, kidney failure, multiple sclerosis, HIV, Parkinson's disease, paralysis of limbs, or terminal illness.

Crop insurance is used by agricultural producers, such as farmers, ranchers, and others to cover against either the loss of their farmed crops due to natural disasters, such as hail, drought, and floods, or the loss of earnings due to declines in the prices of agricultural commodities. The two most common types of crop insurance are crop-yield insurance and crop-revenue insurance.

Dental Insurance is designed to pay the incurring fees for dental care. Dental insurance pays some of the bills from dentists, and other providers of dental services. Dental insurance protects those insured from financial difficulties caused by dental expenses.

Deposit insurance is a measure to protect deposits, complete or partial, when a "run" on a bank or banks occurs. The collapse of a bank can trigger a large chain of harmful events.

Deposit premium insurance is where the insured deposits money with the insurer to receive perpetual insurance against the liability of a loss. Deposit premiums are different from typical insurance premiums, since they are issued back if either the insured or the insurer decides to cancel the perpetual insurance.

Disability insurance a.k.a disability income insurance, is a type of insurance that protects the beneficiary's earnings from the risk that disability will make working anymore impossible.

Earthquake insurance is one kind of property insurance that insures the policy holder if an earthquake occurs that causes harm to the insured property. Generally common home owners insurance policies don't insure earthquake damage.

Expatriate insurance a.k.a Expat insurance policies are built to insure financial and other problems received while living or working in a different country other than their own. The insurance must be setup prior to relocating and the policies generally are purchased in 6 month packages.

A fidelity bond insurance covers policyholders from losses that happen as a result of fraudulent acts by specified people. It generally insures a company for losses incurred by its own dishonest workers.

Flood insurance is a type of specific insurance coverage for property loss from flooding. Topographical maps denote lowlands and floodplains that may be susceptible to flooding for insurers.

General insurance a.k.a non-life insurance policies(including automobile and homeowners policies) give payments for the loss covered in a particular financial event. General insurance usually consists of any insurance that is not life insurance. It is also commonly known as property and casualty insurance

Group insurance covers multiple people, generally that are part of societies, employees of a common employer, or people that share the same profession.

Guaranteed asset protection insurance a.k.a GAP Insurance is coverage offered as a supplement to vehicle insurance policies. It is a type of financial protection that covers certain losses that are not covered by generic automobile insurance.

Health insurance is a broad however to simplest way to describe it is insurance for you health that pays for medical expenses. It can be used in a wider spectrum including disability insurance, nursing insurance, or custodial care help. It can be offered from private insurance companies as well as government sponsored social programs for insurance.

Home insurance, also commonly called hazard insurance or homeowners insurance (often abbreviated in the real estate industry as HOI), is the type of property insurance that covers private homes. It typically covers multiple insurance protections such as losses occurring to one's dwelling, loss of contents, loss of its usage, and liability insurance for unforeseeable accidents that may occur. Generally at least one person must occupy the house.

Injury cover refers to when an individual receives or claims insurance compensation for work accidents or injuries.

Landlords insurance covers a property owner from financial losses in relation to their property which they rent out. Typically a landlord insurance policy will insure the unit with the option of including the contents left within previously. Landlords are often required to purchase specialist insurance since most typical house insurance doesn't include covers when a property is being rented.

Lenders Mortgage Insurance (LMI) a.k.a Private mortgage insurance (PMI) in the USA, is insurance paid to the trustees or lender to retain a set of securities that are usually required when taking out a mortgage loan. This insurance offsets money lost when the loan holder can't pay and the lender can't recover their costs after a foreclosure and selling of mortgaged property.

Liability insurance is a fundamental area of the basic insurance system of risk finance. In the beginning, those that looked at a similar peril, started a group and made a self assistance fund from out of which to pay compensation for those members that ever incurred losses. Now, the insurance system is supported by dedicated carriers to supply protection against listed perils with the cost of a premium. Liability insurance is made to supply certain protection from 3rd party claims, such that payment isn't generally given to the insured, however to a person suffering losses who isn't a relation to the insurance contract. Generally, issues caused on purpose and contractual liability aren't protected with liability insurance policies. The insurance carrier is at liberty to defend that who is insured when a claim is made.

Life insurance (often called life assurance) is a written contractual agreement with the policy owner and their insurer, where the insurer will pay a set sum of money when any of those insured die, or other event such as terminal or critical illness. For this service, the policy owner pays a set amount of money defined as a premium at time intervals or optionally in lump sums.

Loan protection insurance a.k.a loan payment protection insurance protects payments with insurance. Loan protection insurance will assist om protecting monthly loan payments if an individual becomes unemployed, laid off, or suffer an accident or illness. Loan protection insurance is usually used to guard a personal loan, vehicle loan or car finance agreement.

Locked Funds Insurance is considered a hybrid insurance policy that is generally joint issued by Governments and banking institutions. Locked Funds Insurance is used as protection for public funds from tamper by parties without authorization. In certain special scenarios, a government may give authority to allow usage in guarding semi-private funds which are liable to be tampered. Usually the terms of Locked Funds insurance are typically extremely strict. It is only used in necessary scenarios where top security of funds is required.

Long-term care insurance a.k.a LTC or LTCI assists in providing the cost of long term care that surpasses a predetermined period. Long-term care insurance covers health care that is usually not covered by health insurance, Medicare, or Medicaid.

Marine Insurance covers the or damage of sea vessels such as: ships, cargo ships, terminals, and any transport or property by which cargo is transferred, acquired.

Medigap is a category of private supplemental health insurance coverage plans that provide coverage for medical expenses that aren't or just partially covered by Medicare. Medigap's name was initially gotten from the notion that it covers the difference or "gap" in between the charges reimbursed by Medicare and the complete amount charged.

Mortgage Life Insurance is designed to guard a repayment mortgage. If the policy holder passed away during the period that the mortgage life insurance was in effect, the policy would payout a capital sum that would be sufficient to repay the due repayment mortgage.

Mutual insurance is for people that are protected by the insurance policy holders also have certain owner rights in the organization. These rights generally include of the ability to elect the management of the organization and to participate in a distribution of any net assets or positive earnings if the organization stopped doing business.

No-fault insurance is a broad term used to describe all types of insurance contracts under which insureds are protected for losses by their insurance company, regardless of who is to blame in the incident causing losses. It isn't different from first-party coverage, although no-fault is usually used in the context in which a policy holder and passengers aren't just reimbursed by the policy holder’s insurance company without evidence of fault, but additionally banned in the right to go after recovery by using the civil justice courts for the losses started from other parties.

Ordinary life insurance is insurance on a person's life for a set premium where the amount never changes for the lifetime of the person paid yearly.

Payment Protection Insurance a.k.a PPI gives an income to keep intact a loanee's debt payments when an accident, tragedy, or sickness prevents them from working, laid off, or causes unemployment. Payment Protection Insurance is possible to receive and protect most types of personal debt.

Permanent life insurance is issued in the form of whole life or endowment that covers the entire life of the insured, the total payout is guaranteed at the close of the active policy and the policy accrues monetary value.

Perpetual insurance is a class of the homeowners insurance policy that is made to have no date or term when the policy ends. From the beginning date, the coverage exists for perpetuity. The insured deposits a premium, with the insurer for insurance for the duration of any risk. The premium deposit is typically at least 10x greater than the cost of a no refund, annual premium for an equal policy with a one year term. The insurer has to earn enough money from investing the premium to cover losses and expenses for perpetual insurance to make sense. When canceled, the insured person is granted a full refund of the initial deposit premium, typically with no interest.

Political risk insurance can be taken out by any sized companies against political risk—the risk that political conditions will end in a loss. Some type of political risks that this type of insurance may cover are: Political violence, Government expropriation, Government confiscation of assets, Government repudiation of contracts, wrong calling of letters of credit, and inconvertibility of foreign currency.

Pre-paid legal services is a legal plan where members pays a monthly service fee and receive a spectrum of legal services on call. Pre-paid legal plans generally have certain services for a set monthly cost, often legal advice, legal consultation, overview of contracts, attorney transcribing a letter on behalf of a client or the writing of wills and other types of legal documents.

Professional indemnity insurance provides insurance for claims brought against the insured because of their professional negligence.

Professional liability insurance a.k.a Professional Indemnity Insurance, guards professionals such as architects, lawyers, physicians, and accountants against negligence circumstantial claims filed by their patients or clients. Professional liability insurance can take on multiple names for the given profession. Such as, professional liability insurance in the medical profession is generally called Medical Malpractice. Notaries public can get errors and omissions insurance a.k.a E&O. Other types of E&O policy holders for instance are real estate brokers, home inspectors, appraisers, and web developers. Additionally there are specific Errors and omissions policies for tech companies, such as software developers, technology consultants and other types of technology.

Property insurance provides cover from most hazards to property like fire, theft and also weather. The types of insurance can be open perils or named perils.

Protection and indemnity insurance a.k.a P&I, is a type of marine insurance used against 3rd party liabilities and costs coming from being the owner of ships or running ships as principals. It is different from other types of marine insurance bought by water vessel owners such as hull insurance and war risk insurance.

Public auto insurance a type of vehicle insurance offered by governments in certain countries.

Reinsurance is a method where an insurance company will protect their own company by getting insurance against risk of losses from other insurance companies.

Rent guarantee is a type of insurance that for a small annual service fee, landlords can cover a lot of rent. Generally Landlord Rent Guarantee Insurance is in addition with Legal Assistance Insurance used for the landlord's legal fees of recovering late rent and / or evicting a tenant are insured.

Return of premium life insurance is a category of a term life insurance policy and the idea is that the policy gives back the money you have already paid for coverage over that set term period if the coverage isn't ever used. For instance, a $1,000,000 insurance plan obtained for $50,000 across the span of 30 years would end in the $50000 being given back to the policy holder.

Risk equalization is the method of equaling out the risk profiles of insurance members so that it will reduce premium differences to some predetermined degree.

Self-funded health care can be described as a self insurance setup where a company provides health or disability benefits to workers by taking on the risk themselves for payment of their claims for benefits.

Stranger-Originated Life Insurance, often referred to as STOLI is a type of life insurance arrangement, where speculators, who do not have any relationship to an individual, begin an insurance policy against their life and make the premium payments as an investment. Stranger-Originated Life Insurance can be considered as a "mortality futures" transaction where certain groups have a single expectation as to the future value of the article being traded that is the object of the “futures contract”, while other groups have a separate expectation of what the future value of that object of trade.

Terrorism insurance is a type of insurance bought by owners of property to insure their possible losses and liabilities that may happen in the event of a terrorist attack.

Title insurance is a type of indemnity insurance to guard financial loss from problems in title to real property and from the invalidity of mortgage liens. Title insurance is usually developed and offered in the United States as a result of the major deficiency of the US records laws.

Trade Credit Insurance a.k.a Credit Insurance is a type of insurance and also a risk management product distributed by private insurance companies and governmental Export Credit Agencies to companies entities wanting to guard their balance sheet asset, accounts receivable, from losses due to credit risk taking such as protracted default, insolvency, or bankruptcy.

Travel insurance is a type of insurance that is intended to protect medical costs, financial (such as cash invested in nonrefundable pre-payments), and a number of losses that happen during travel regardless of the country.

Universal Life is a kind of permanent life insurance based upon a cash value. The policy is setup with the insurer so that premium payments greater than the cost of insurance are issued as cash value. The cash value is given each month with interest, and the policy is debited every month using a cost of insurance a.k.a COI charge, and any other policy charges and fees which are pulled from the cash value if there isn't a premium payment made that month. The interest credited to the account is figured out by the insurer. Sometimes the credited interest is pegged to a financial index such as a bond or other type of interest rate index.

Variable Universal Life Insurance, oftne called VUL is a kind of life insurance policy that grows a cash value. In Variable Universal Life Insurance, the monetary value is able to be invested in a large range of separate accounts, similar to that of a mutual fund, and the option of which of the available separate accounts usable is completely up to the contract owner.

Vehicle insurance a.k.a auto insurance a.k.a car insurance a.k.a motor insurance is an insurance policy for cars, trucks, and other automobile vehicles. Its main purpose is to provide coverage against losses from traffic accidents and from liability that may incurred in an accident.

Vision insurance is a type of insurance that protects for the services rendered by eye care doctors such as ophthalmologists and optometrists. The general vision insurance plan covers eye examinations and partial or full coverage eyeglasses, sunglasses, and contact lenses.

Wage insurance is a type of insurance that would provide employees with pay if they are required to move to a new job with a lower pay. The idea is proposed as a response to outsourcing and globalization.

War Risk Insurance a.k.a aviation insurance originated as a type of marine Insurance market, created during World War II. The growth in the Aviation market since then covers all flying machines which can range from Non-mechanical Gliders to complex modern supersonic jets.

Whole Life Insurance a.k.a Whole of Life Assurance is a life insurance policy that stays enforced for the insured's entire life and usually requires premium payments to be made yearly onto the policy.

A Zombie Fund, commony known as a Closed Fund is a with-profits life insurance fund, which is not open to new business. It runs off of its investment portfolio, maintaining the capital invested waiting for the last members to pass away, without underwriting new policies.