Compensate you for the burning of your home, it is the person who will compensate you for a decrease in your yield, it is the one who will fix you, and also a life insurance that your children can benefit from.It is a means that most people depend on to reduce the severity of the risks outside their control and mitigate the effects that they may be exposed to, including these risks that may threaten their lives, their property, their trades, and many other things, as the insured pays a monthly subscription to the insured (mostly The insurance company), and all the insurers ’money is paid to anyone who is exposed to an accident outside his control to compensate for his losses, and this is what the insurance companies are building on today. Cooperative insurance: 
This type is the insured party and the insured party has one party, as this process is carried out by a number of people with a certain interest, and it is possible to expose them to a certain risk, and they work to mitigate the effects of the damages that may be exposed to a particular subscriber, from the contributions and installments that Paid by a specific party. Insurance with a fixed subscription: The insurer pays an amount of money to the insured when he is exposed to a specific accident, against the value of the contributions that the insured had paid to the insurance company. Marine, river, air, and land insurance: This insurance covers and mitigates the effects of risks to maritime transport (ship combustion, or cargo and damage, shipwreck, ship hijacking, etc.), air transportation (plane crashes, etc.), or river transportation (In canals and rivers), or land transport that includes the types mentioned previously, but this insurance does not include the crew working in the ship or plane, but rather falls within the land insurance.