Most of us have insurance, and while it may not be top of mind among all the other things we deal with every day, insurance can help protect the things we value most. If you think you need insurance, or even if you already have some policies, it makes sense to have a strong understanding of it so it works for you.

In this section, we'll explain the principles of insurance. Read on to find out what insurance is, how it works and how it might apply to your life.