Protecting what matters most - Compare and buy insurance from top providers worldwide
The global insurance market was valued at $5.5 trillion in 2022.
Health insurance accounts for 55% of all insurance premiums worldwide.
Insurance penetration is highest in Taiwan at 20.3% of GDP.
The first insurance company in America was founded in 1732.
Cyber insurance grew by 60% in 2022 due to increasing digital threats.
Pet insurance is the fastest growing insurance sector globally.
Provides financial protection to your family after your death. Types include term life, whole life, and endowment policies. Term life offers coverage for specific periods while whole life provides lifelong protection with cash value accumulation.
Average cost: $26/month for term life | Payouts are generally tax-free to beneficiaries
Consider 10-12x your annual income for coverage amount
Covers medical expenses including hospitalization, surgeries, and sometimes preventive care. Can include prescription coverage, mental health services, and maternity care. Important to understand deductibles, copays, and out-of-pocket maximums.
87% of Americans have health coverage | Average annual premium: $7,739 for single coverage
Review network providers before choosing a plan
Mandatory in most countries, covers vehicle damage and liability in accidents. Typically includes collision, comprehensive, liability, and uninsured motorist coverage. Some policies offer rental car reimbursement and roadside assistance.
Average US premium: $1,674/year | Minimum coverage varies by state
Bundle with home insurance for discounts
Protects your home against damage from fire, theft, natural disasters, and more. Covers both the physical structure and personal belongings. Includes liability protection and additional living expenses if home becomes uninhabitable.
Average annual premium: $1,272 | Most policies exclude floods and earthquakes
Document possessions with photos/video for claims
Covers trip cancellations, medical emergencies abroad, lost luggage, and more. Can include emergency evacuation and 24/7 assistance services. Some credit cards offer basic travel insurance benefits automatically.
Costs 4-10% of trip value | Medical coverage is crucial for international travel
Purchase soon after booking to maximize cancellation benefits
Protects companies from losses due to events like property damage or lawsuits. Common types include general liability, professional liability, workers' compensation, and commercial property insurance. Cyber insurance is increasingly important.
60% of small businesses are underinsured | 40% never reopen after major loss
Assess risks specific to your industry
Provides income replacement if you become unable to work due to illness or injury. Short-term covers temporary disabilities while long-term covers extended periods. Social Security disability has strict eligibility requirements.
1 in 4 workers will become disabled before retirement | Average benefit: 60% of income
Own-occupation coverage provides best protection
Helps cover veterinary expenses for your pets. Can include accidents, illnesses, and sometimes wellness care. Some policies cover alternative therapies and behavioral treatments. Pre-existing conditions typically excluded.
Average monthly cost: $50 for dogs, $28 for cats | 3.45 million pets insured in North America
Enroll pets while they're young and healthy
Separate policy needed as standard home insurance excludes floods. Covers damage from overflowing rivers, heavy rains, storm surges, and melting snow. Important even if not in high-risk flood zones.
Just 1 inch of water can cause $25,000 in damage | 20% of claims come from moderate-risk areas
30-day waiting period typically applies
Coverage needs vary by individual circumstances. For life insurance, financial advisors typically recommend 10-12 times your annual income. Home insurance should cover full replacement cost of your property. Auto insurance minimums are set by states but often higher coverage is advisable.
Premiums are based on risk assessment. For auto insurance: driving record, vehicle type, age, and location. Health insurance: age, tobacco use, and plan type. Home insurance: property value, location, and claims history. Life insurance: age, health, and lifestyle factors.
Most policies allow changes, often called endorsements. You can typically increase/decrease coverage, add/remove drivers (auto), or change beneficiaries (life). Some changes may require underwriting approval. There may be fees for mid-term adjustments.
Premium is the amount you pay regularly (monthly/annually) to maintain coverage. Deductible is what you pay out-of-pocket before insurance pays on a claim. Generally, higher deductibles mean lower premiums and vice versa.
Contact your insurer immediately after an incident. For auto claims: document the scene, get police reports if applicable. For property claims: take photos of damage, make temporary repairs to prevent further damage. For health claims: ensure providers have your current insurance information.