Insurance cover refers to a policy that provides protection against financial loss in the event of an unexpected incident or accident. It is essentially a contract between the insured and the insurer, wherein the insurer agrees to provide compensation for any losses suffered by the insured, in exchange for regular premium payments made by the insured. The specific terms and conditions of the policy will outline what exactly is covered under the insurance cover, as well as any exclusions or limitations that may apply. Insurance covers can vary widely depending on the type of coverage desired - from health insurance to car insurance, home insurance, life insurance, and more. The purpose of having an insurance cover is to provide peace of mind in knowing that financial losses resulting from unexpected events will be covered, thereby reducing the risk of significant financial hardship.