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Insurance

Insurance is a way of sharing financial risk. People pay into a pool, and the pool pays when something costly happens, such as an illness, a car crash, a house fire, or a death. Government shapes this system at every level. States license and oversee most insurers, federal agencies run or regulate major programs, and courts settle disputes over what a policy promises.

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July 27last updated

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Latest in Insurance

Topics in Insurance

Health and income

Health Insurance covers coverage for medical bills, and Life and Disability Insurance covers protection for families when a wage earner dies or cannot work.

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