Answer:
For example, insurance helps you own a home, because mortgage lenders need to know your home is protected. It covers you for repairs and replacement of any damage that's covered in your policy.
Importance of insurance:
In essence, health insurance serves as a means of covering your medical expenses. Most people cannot afford to pay for all of their medical expenses out of pocket; instead, they must use a debit or credit card.
Health insurance can help you get the care you require and make it easier for you to pay for your medical expenses.
You can learn more about health insurance here:
https://brainly.com/question/1941778
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