Insurance is not a necessity but a requirement. Everyone who cares about their life, plans for their future, and is aware of their risks should have insurance.
An insurance policy is a document that outlines the rights and obligations of the insured and the insurer, specifying the insurance amount, premium, payment time and place, subject of insurance, location of risk, and duration of coverage, along with exemptions, special, and general terms and conditions.
These are the coverages specified in the tariff and required to be provided in the policy.
These are coverages that are not obligatory to be provided in the tariff but can be chosen by the policyholder