There are different types of insurance like property insurance, personal or life insurance, guarantee insurance, liability insurance and many more. It basically helps you during financial crisis. If you save money in insurance, rather than spending it unnecessarily, it might help you in downfall. It makes you financially secure. Finance is the management of money, providing funds and investing in a business. Banking is a process which helps to safeguard others money, lend loans, and make transactions. Benjamin Franklin invented the concept of insurance. It is a scheme or process which helps people to protect themselves from financial loss. There are many types of insurance like car, bike, health and many more. It helps as a financial tool during crisis and is an important for economical development. Investing in insurance is always a better option if you want to be financially secure and have a safer future.