Insurance is a financial safety net that protects individuals and businesses from unexpected losses. By paying regular premiums, policyholders receive coverage against risks like accidents, illness, theft, or natural disasters. It promotes financial stability, peace of mind, and responsible planning. Whether it’s health, life, auto, or property insurance, it plays a vital role in managing uncertainty and securing the future. Insurance Regulatory and Development Authority of India (IRDAI) oversees the sector, ensuring transparency, consumer protection, and orderly growth