Casualty insurance provides protection against the financial impacts arising from accidents, injuries, and legal liabilities, safeguarding both personal and business interests from unexpected losses.
A public corporation established in 1933; insures up to $250,000 for each depositor in each commercial bank and savings and loan association. It has its own reserves and can borrow from the U.S. Treasury.
Mortgage life insurance is a type of financial product that ensures mortgage repayment in the event of the borrower's death or disability, safeguarding the homeowner's family and the lender.
