What is Insurance?

The video tutorial introduces the concept of insurance, explaining how it helps protect valuable items by covering repair or replacement costs. It focuses on car insurance, detailing how it works, factors affecting its cost, and the importance of providing accurate information. The tutorial also covers house insurance, explaining its benefits and coverage. Additionally, it briefly mentions other types of insurance like pet, health, and critical illness insurance, emphasizing the need to understand different policies.

What did the teacher's mom explain about house insurance?

What is an excess in the context of insurance?

What types of insurance did the teacher's mom mention at the end?