What are the three main types of insurance one should consider?

The three main types of insurance that one should consider are health, life, and property insurance.

Health insurance is crucial for covering medical expenses, which can include hospital visits, medications, and surgeries, helping individuals avoid substantial out-of-pocket costs. Life insurance provides financial protection to beneficiaries in the event of the policyholder's death, supporting family members and dependents in maintaining their standard of living. Property insurance protects one's assets, which can include homes, vehicles, and personal belongings, against risks such as theft, damage, or natural disasters, ensuring that individuals can recover from unforeseen events.

These three types cover significant aspects of an individual's life – health and well-being, financial security for dependents, and protection of valuable possessions. The options involving travel, auto, disability, and liability insurance, while important in certain situations, do not encompass the broader essentials that health, life, and property insurance provide for overall financial and personal security.