What are examples of non compulsory insurance?

Non-compulsory insurance includes various types of coverage that individuals can choose to purchase based on their needs, rather than being mandated by law. Examples include life insurance, which provides financial support to beneficiaries after the policyholder's death; homeowners insurance, which protects against damages to property; and Travel Insurance, which covers unexpected events during trips. Other examples are pet insurance and supplemental health insurance, both of which offer additional financial protection but are not required.