To protect your computer against hackers, viruses, trojan horses, bots, spam emails, stealing of bank details, credit card data, etc., you install antivirus software with firewall to avoid possible attacks.
To protect your house form theft or burglaries, you install electronic security systems, a security guard, a dog, etc...
To protect your country, you have Indian Air Force, Indian Army Indian Navy, etc. to protect citizens from enemy attacks, terrorist attacks, moists attacks, etc...
To protect environment due to increasing temperatures, decreasing forest cover, increasing global population, etc., countries have come together to reduce harmful emissions due to rapid growth of industry since 1900.
The above are just some of the examples and reasons about how we humans protect our belongings.
To protect your family against financial crisis that may occur due to your loss of life, dissability, etc.., you need to insure yourself. Life insurance is a way of providing compensation for loss of family income which if not purchased may degrade standard of living. The compensation offered can help to achieve financial goals like marriage and education cost of children, retirement corpus, etc..
Other kinds of insurance to be purchased are Medical Insurance, Vechicle Insurance, etc..
