Insurance law focuses on protecting policyholders rights within the context of insurance contracts. It ensures that policyholders receive the coverage they paid for, that insurers handle claims in good faith and that valid claims are paid promptly and fairly. If disputes arise, policyholders may be entitled to legal remedies, including the right to challenge denials or underpayments in court or through arbitration. Additionally, laws require that insurers provide clear, understandable policy terms and disclose important information to prevent misleading or unfair business practices.