Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.
An entity which provides insurance is known as an insurer, insurance company, or insurance carrier. A person or entity who buys insurance is known as an insured or policyholder. The insurance transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer’s promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms, and must involve something in which the insured has an insurable interest established by ownership, possession, or preexisting relationship.
Life Insurance — Coverage, Rates and Quotes
State Farm Life Insurance Company or State Farm Life and Accident Assurance Company (Licensed in New York and Wisconsin) can help you find coverage that’s right for you and your loved ones. Our life planning videos and calculator can help you understand your options, and figure out how much and what kind is right for you, before getting your life insurance quote.
Life Happens Fast — Make Your Health Insurance Keep Up
As you experience changes in your life, your health coverage should adjust as well. Help protect the ones you love with coverages to support your individual needs.
State Farm Mutual Automobile Insurance Company offers various types of affordable family health insurance, so you can choose the plan that best suits your personal situation.