Insurance is a means of protecting individuals, businesses, and organizations from financial losses due to various risks such as accidents, illnesses, theft, damage to property, and natural disasters. It is a contract between an individual or entity and an insurance company, where the individual or entity pays premiums in exchange for financial protection in the event of an unfortunate occurrence blue lagoon farm . The primary purpose of insurance is to provide financial security and peace of mind to policyholders latest digitals. In the event of a loss, insurance compensates the policyholder for their financial losses, allowing them to recover…