Introduction:
Insurance plays a critical role in financial planning and risk management. Understanding the basics of insurance is essential for students to protect their assets and mitigate financial risks.
Main Content:
Insurance is a financial product that provides protection against specific risks in exchange for a premium. There are various types of insurance that students should be aware of:
- Health Insurance: Covers medical expenses in case of illness or injury. Students can remain on their parents' health insurance until the age of 26 or explore student health plans offered by universities.
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