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Insurance coverage provides protection for damage to persons or property?

Yes, insurance provides protection for damage to persons or property. Insurance is a risk management tool that helps individuals, businesses, and property owners protect themselves from the financial consequences of potential losses. In case of damage to persons or property, insurance can provide compensation to cover the costs of repair, replacement, or medical treatment. Types of insurance that provide protection for damages to persons or property include property insurance, casualty insurance, liability insurance, health insurance, and automobile insurance, among others.