<p>Home insurance provides financial protection against losses and damages to your residence. It typically covers the physical structure of your home, your personal belongings, and liability for injuries that occur on your property. Specific coverage details depend on your policy.</p>

<p>The excess (or deductible) on car insurance is the amount you agree to pay out-of-pocket towards the cost of any claim. If your excess is $500, and the repair costs $2,000, you'll pay $500, and your insurer will cover the remaining $1,500.</p>

<p>A pension plan helps you save for retirement by contributing regularly throughout your working life. The main benefits include tax advantages, consistent income after retirement, and financial security for your later years. Some plans may also offer employer contributions.</p>

<p> Travel insurance typically covers unexpected events that could disrupt your trip, such as medical emergencies, trip cancellations, lost luggage, and flight delays. Depending on your policy, it may also cover specific activities like adventure sports or provide extended coverage for long trips.</p>