ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Combining auto policies isn’t the only way to save. Consider bundling your auto and home insurance for a multi-policy discount. Other policies you might be able to bundle with car insurance-and with each other-include motorcycle, renters and life insurance.

Detailed explanation-2: -Individual health insurance is coverage that you purchase on your own, on an individual or family basis, as opposed to obtaining through an employer or from a government-run program like Medicare, Medicaid, or CHIP.

Detailed explanation-3: -Then we examine in greater detail the three most important types of insurance: property, liability, and life.

Detailed explanation-4: -In 2021, private health insurance coverage continued to be more prevalent than public coverage, at 66.0 percent and 35.7 percent, respectively.