Insurance means coverage in the event of loss or destruction of property. First you may have insurance on your life. Life insurance means that upon your death a specific amount of money will be paid to your family. The reason for this type of insurance is to guarantee that your family will be able to continue to live a normal lifestyle after you. Next, you have to insure your home and your property. The first type of property insurance you need is against fire and theft. This means if a fire destroys or damages your property or if your property is stolen, the insurance company will pay for your loss. Then you need to insure your car if you have. This is required by law. Your car is insured against loss the same as your home is insured. Besides, you have to insure against liability in the event that you cause an accident. This is especially true with a car, which can bring about a serious accident on the highway. There are many other types of insurance, which one can buy. Medical insurance is also very important but this is provided by one’s employer. Generally, one has to insure his life, property and business. If your family will be able to get a specific amount of money after your death, you may have insurance (1) . You insure your home and your property. First of all, the insurance is against (2) . If you want coverage in the loss of your car, then, you need to (3) . Besides, you have to (4) in the event that you cause an accident in your car. Medical insurance is important and usually provided (5) .