Types of insurances... life insurance.. goods insurance..?

Question

I need a brief explanation of the different types of insurances.. requisites.. and conecpts..

Thanx

Answer 1

Property insurance could be renters insurance.  Shipping insurance sounds like your moving.   You should check with your moving company to see if they have insurance or provide you with any (or maybe can sell you some).

Answer 2

Term is the cheapest and easiest to obtain, in terms of your physical health. Term insurance is just that. Life insurance for a term of period of years. Universal life is a cross between term and whole life. It offers the advantage of the lower cost of term with some cash benefits. Whole life is the most expensive way to go and requires the most inquiries into your health at this time. From about the third year into the policy, the whole life will start gaining a "Cash Value", meaning that you could borrow from the policy, use the policy as equity or collateral.

Good insurance? Do you mean rental insurance on the property in your rental home? This is a property and casualty line and you will need to look at someone like State Farm, or your current auto carrier to get this.  Is this what you are talking about?