Insurance is definately a benefit. Today a lot of Insurance companies are in the market all over the world. There are different types of insurance Car, Life ,Medical, Fire, Marine & travel insurance. There are different types of policies which will suit each one's need. Today in Kuwait, Insurance Companies have tie-ups like LIC with Warba Insurance and so forth. If you have your own personal vechile then you should atleast have a third party insurance & if it a brand new vechile then should be comprehensive. We also have a lot of Life insurance policies it can be for yourself or for couples or your child. You can a conservative policy like money back etc or as per the market. Recently the insurance companies have come out with Gold policies as per the market prices.There is also medical insurance which can be good in times of financial needs during emergencies. For business men or companies who have warehouses have fire insurance which will protect them. Petroleum & Shipping Companies often take out marine insurance. Today there is a new trend that for every passenger who is using any airlines, there is the option to avail of travel insurance at a nominal fee. However it would be better if you read & understand the policy that you are taking.