Types of insurance

  1. property insurance - relates to movable and immovable property
  2. liability insurance - concerns the policyholder’s obligation to compensate damage caused by a third party,
  3. insurance of (natural) persons - relates to the life or health of people; it is subdivided into life insurance, pension insurance, accident insurance, insurance of medical and foreign travel expenses, and private health in-surance,
  4. agricultural insurance (such as crop insurance).