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Author Topic: Insurance is important  (Read 2323 times)
poodle63
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March 07, 2024, 08:24:35 AM
 #221

Insurance is very important nowadays. It can play a more important role especially among less developed countries. But nowadays it is seen that due to some unscrupulous people most of the people have great disbelief in this matter. They think it will not bring them any results in future. It is especially prevalent in those who live away from cities. But I think if any insurance is managed by an honest and sincere person and if it benefits people in the future then everyone will start to trust again. So those who are in charge should keep an eye on these things.
insurance are apparently frequently used more in developed country though arguably speaking they have better law that concerns about what the customers should do and what the insurance provider should do, there's a clear line of distinct between what is legal and what is illegal i guess in 3rd world countries it might differ since we know corruption rate is higher there and that also why many are unfaithful against these insurance companies since you know money rule.
but the thing is if at least it could helps us from being cornered into position where we don't have money but we also need to pay emergency bills then I still recommend to get one.
there's nothing wrong with getting one to cover healthcare maybe since it might really helps in the long run.
consequently though it requires proper financial management otherwise it might add burden to the monthly outcome of someone with minimum wages or below.

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March 07, 2024, 10:13:47 AM
 #222

Insurance is very important nowadays. It can play a more important role especially among less developed countries. But nowadays it is seen that due to some unscrupulous people most of the people have great disbelief in this matter. They think it will not bring them any results in future. It is especially prevalent in those who live away from cities. But I think if any insurance is managed by an honest and sincere person and if it benefits people in the future then everyone will start to trust again. So those who are in charge should keep an eye on these things.
In fact, insurance is very important for our future, be it health, life, vehicle insurance, etc. It's just that there are still many problems, whether important or not, everyone must understand them. The problem is whether or not an insurance claim is difficult, or how to claim the insurance. Because it is no longer a public secret that insurance claims are complicated, especially after so many years, will the insurance company still exist or not?

This problem often occurs in less developed countries and many insurance companies are fraudsters, both their sales force and their companies. As long as there is no clear law that regulates and protects consumers, taking out insurance is very dangerous, the intention to protect can actually end up being detrimental when a disaster occurs. So it's not surprising that many people still conclude that insurance only wants our money, not wants to help us.
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March 07, 2024, 10:24:24 AM
 #223

Insurance is very important nowadays. It can play a more important role especially among less developed countries. But nowadays it is seen that due to some unscrupulous people most of the people have great disbelief in this matter. They think it will not bring them any results in future. It is especially prevalent in those who live away from cities. But I think if any insurance is managed by an honest and sincere person and if it benefits people in the future then everyone will start to trust again. So those who are in charge should keep an eye on these things.
Insurance has become a very popular topic nowadays. Because day by day entrepreneurs are increasing and everyone is getting insurance for the security of their business. Because natural calamities and storms cause a lot of damage to both business and life due to many incidents, everyone takes insurance to cover their losses. I also think it is better to have insurance.  Because it is a means of backing up a lot of useful losses in times of trouble



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March 07, 2024, 07:59:29 PM
 #224

insurance are apparently frequently used more in developed country though arguably speaking they have better law that concerns about what the customers should do and what the insurance provider should do, there's a clear line of distinct between what is legal and what is illegal i guess in 3rd world countries it might differ since we know corruption rate is higher there and that also why many are unfaithful against these insurance companies since you know money rule.
but the thing is if at least it could helps us from being cornered into position where we don't have money but we also need to pay emergency bills then I still recommend to get one.
there's nothing wrong with getting one to cover healthcare maybe since it might really helps in the long run.
consequently though it requires proper financial management otherwise it might add burden to the monthly outcome of someone with minimum wages or below.

In developed country people have a good monthly salary thats why they actually can ignore insurance but when it comes to developing country insurance gives protection from financial loss in their lives. you know everything is uncertain in our lives. if you are a businessman then you can't guarantee that your business will never see any loss. An insurance company provides financial support at that time. In less developed countries, insurance plays a vital role in providing financial support. In less developed countries, businessmen need more financial support at every moment, cause their backbone is not much stronger. you know it also contributes to our economy.

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March 07, 2024, 08:07:44 PM
 #225

insurance are apparently frequently used more in developed country though arguably speaking they have better law that concerns about what the customers should do and what the insurance provider should do, there's a clear line of distinct between what is legal and what is illegal i guess in 3rd world countries it might differ since we know corruption rate is higher there and that also why many are unfaithful against these insurance companies since you know money rule.
but the thing is if at least it could helps us from being cornered into position where we don't have money but we also need to pay emergency bills then I still recommend to get one.
there's nothing wrong with getting one to cover healthcare maybe since it might really helps in the long run.
consequently though it requires proper financial management otherwise it might add burden to the monthly outcome of someone with minimum wages or below.

In developed country people have a good monthly salary thats why they actually can ignore insurance but when it comes to developing country insurance gives protection from financial loss in their lives. you know everything is uncertain in our lives. if you are a businessman then you can't guarantee that your business will never see any loss. An insurance company provides financial support at that time. In less developed countries, insurance plays a vital role in providing financial support. In less developed countries, businessmen need more financial support at every moment, cause their backbone is not much stronger. you know it also contributes to our economy.
You cant really be able to say because i've seen even into those people who are living on first world or someone i do know whose living abroad on which they are really that getting insurances specially into those people who are mindful about when they do gets old then they would really be able to rely with those health care when the time comes because we do know that we cant be able to rely with our children
when they get old on which you and your wife would be the ones who would really be staying up until the very end and this is something that you would be needing to have in mind.

I dont know on where you do get the idea but insurances are really that important and relevant. How much more if you are that someone that could be able to buy or pay up for it?
Who wouldnt really be liking on having some assurance and security that they do have in mind?

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March 07, 2024, 08:21:30 PM
 #226

Based on limitation financial and have several kinds of insurance, based on your opinion which one most important and prioritize insurance for joining? I have small fund allocated for insurance because get financial have to spent for other needed, any one has ideas about healthy insurance must be prioritize or the other kinds of insurance.
Pay all insurances seems need to spent much money exactly with every months payment can raise more than $500 regarding the insurance cost in my country, but I want to allocate around $100 and based your suggestion which one more urgent insurance have to join or there are not really important yet with insurance/

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March 12, 2024, 12:55:30 AM
 #227

Based on limitation financial and have several kinds of insurance, based on your opinion which one most important and prioritize insurance for joining? I have small fund allocated for insurance because get financial have to spent for other needed, any one has ideas about healthy insurance must be prioritize or the other kinds of insurance.
Pay all insurances seems need to spent much money exactly with every months payment can raise more than $500 regarding the insurance cost in my country, but I want to allocate around $100 and based your suggestion which one more urgent insurance have to join or there are not really important yet with insurance/
Financial limitations will make us have to give a priority scale, which insurance should be a priority., But I tend towards health insurance, because at any time, we will not know our condition and at all times the hospital costs are very, large, and sometimes they can be completely unaffordable, and it will be difficult if we have to be treated.

But if funds are limited, of course, it will be a problem that will be faced, because it will prioritize what is most important. I agree that it is adjusted to the situation and also to the country, because each country has different things to determine, because there are countries that do cover some insurance which we don't need to do anymore.

Paying for all insurance if you can is certainly very good. If not, then it is adjusted to the individual's situation, who knows what insurance situation is a priority and is suitable.

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March 12, 2024, 08:16:28 AM
 #228

If you make money, get health insurance for you and your family, and insure your assets that are a source of income, businesses. Get a life insurance to secure your family's future.
There's a saying " hope for the best and plan for the worst".

the issue with some folks is that they feel they are very smart and can always cut corners whenever they want to. Most even when purchasing a vehicle and they are told to do so would look for ways to avoid insuring it and when accidents finally occured, it downs on them that they've shot themselves on the foot.

The importance of insuring ones property and asset can't be overemphasized, if big companies that have safety personels still ensure that there properties are insured, then its glairingly obvious that we can't escape insuring our property. 

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March 12, 2024, 08:24:23 AM
 #229

People only think about insurance and how good it would be to have it only after something has already happened. People think about car insurance only when they got into accident and repairs cost thousands (while insurance cost hundreds). People think about property insurance only after being flooded or wind destroys their roof for example (while this kind of insurance cost around 100 EUR in my country). People think about traveling insurance when their flight is cancelled or they have lost all the baggage (while such insurance might cost only around 50 EUR). People think about life insurance only after they get into accident and now had to do surgery and numerous doctor visits (while such insurance might from 10 to 1000 EUR).

People, get insurance, it does not cost much. One accident might cost more than all the money spent on annual insurance for years. You never know when problems gets you. Be prepared.

R


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March 12, 2024, 12:02:56 PM
 #230

People only think about insurance and how good it would be to have it only after something has already happened. People think about car insurance only when they got into accident and repairs cost thousands (while insurance cost hundreds). People think about property insurance only after being flooded or wind destroys their roof for example (while this kind of insurance cost around 100 EUR in my country). People think about traveling insurance when their flight is cancelled or they have lost all the baggage (while such insurance might cost only around 50 EUR). People think about life insurance only after they get into accident and now had to do surgery and numerous doctor visits (while such insurance might from 10 to 1000 EUR).

People, get insurance, it does not cost much. One accident might cost more than all the money spent on annual insurance for years. You never know when problems gets you. Be prepared.
People would really be that confident that there's nothing something that could happen into them and they would really be making out those regrets on the time that they are on such problem.
Well there's nothing they can do about it since things had already been done and happened. They would really be only having those kind of realizations on the time that they should have that insurance
specially if they are someone whose that in short of money. Insurances arent really that too expensive i must say and it is really just that could be paid annually on which it is really a one time payment for every year
on which i would really be that giving out that kind of priority.

No one really knows on what the future lies ahead on which there would really be no assurance that there would really be no accidents that would happen in your lifetime.
Its better to be prepared than sorry or you would really be only that getting one if you have experienced the worst.

R


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bakasabo
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March 13, 2024, 07:22:53 AM
 #231

Insurance saved me from extra large expenses two times already.

Once aircraft operator lost my luggage when I travelled for skiing. If I would have to buy skiing boots and other equipment, plus do it for two persons, on the spot in a Austrian ski village, I would have spend thousands. Instead insurance that cost around 30 EUR per person covered everything.

The other is the case when neighbors washing machine that lives above me had broken (the hose got deattached from the machine) and for whole working day the water flooded through my flat all the flats below me. When the «house maintenance representative» (dont know how to call him correctly, a person who is responsible for keeping up the house) came, he has pointed that I had to change wallpapers in two places and «around 2m2 of laminate. While the whole flat was destroyed and I had to change all the floor and electric wiring (the water was flooding mostly from electric sockets, and the water pressure was so strong, that it has dropped tv). Again, it would cost thousands to repair all that, while I paid only 100 EUR annually for insurance.

100 EUR per year isnt a life changing amount, and nearly everyone can afford it. Yet people prefer not to do it, and then spend thousands from their own pocket.

R


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March 13, 2024, 09:11:42 AM
 #232


In developed country people have a good monthly salary thats why they actually can ignore insurance but when it comes to developing country insurance gives protection from financial loss in their lives. you know everything is uncertain in our lives. if you are a businessman then you can't guarantee that your business will never see any loss. An insurance company provides financial support at that time. In less developed countries, insurance plays a vital role in providing financial support. In less developed countries, businessmen need more financial support at every moment, cause their backbone is not much stronger. you know it also contributes to our economy.

On the contrary, people who are living in developed countries and also earning a good sum are more likely to have insurance for themselves and their business. They know just how vital insurance is to your health, business and properties and as they can afford it, they’re more likely to pay for it.

While people living in developing with a lower standard of living wouldn’t necessarily have insurance. They may know how important having insurance is but they just can’t afford to part away with the little money they’ve got. The wealthy ones can comfortably afford to have insurance but the average income earner would probably not be able to.
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March 13, 2024, 09:29:46 AM
 #233

Insurance is important for several reasons. First, it offers financial stability in the event of an unexpected occurrence, such as illness, accident, or death. Second, it can serve to alleviate poverty by providing a layer of protection for people who are unable to work due to illness or injury, as well as promote job creation by encouraging people to take chances and participate in education and business ownership. It will also lower the cost of delivering social services, such as healthcare and education, by sharing the risk among a large number of individuals. Helping people explain the benefits of insurance will be beneficial to everyone.
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March 13, 2024, 11:28:37 AM
 #234

Based on limitation financial and have several kinds of insurance, based on your opinion which one most important and prioritize insurance for joining? I have small fund allocated for insurance because get financial have to spent for other needed, any one has ideas about healthy insurance must be prioritize or the other kinds of insurance.
Pay all insurances seems need to spent much money exactly with every months payment can raise more than $500 regarding the insurance cost in my country, but I want to allocate around $100 and based your suggestion which one more urgent insurance have to join or there are not really important yet with insurance/
If we really have limitations, of course we have to prioritize health insurance first, as you have said, we also won't be able to withstand other needs. If we have to pay for insurance that we don't really need, of course we won't be able to fulfill it. Regarding insurance costs, we have to choose the type of insurance that we really need and we cannot avoid the need for insurance and in my opinion health insurance is very important for us to have even though others are also necessary, but in my opinion the main thing is to have health insurance.

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March 15, 2024, 01:06:27 AM
 #235

If we really have limitations, of course we have to prioritize health insurance first, as you have said, we also won't be able to withstand other needs. If we have to pay for insurance that we don't really need, of course we won't be able to fulfill it. Regarding insurance costs, we have to choose the type of insurance that we really need and we cannot avoid the need for insurance and in my opinion health insurance is very important for us to have even though others are also necessary, but in my opinion the main thing is to have health insurance.
Because of limitations, we are required to choose what is most important, and I really agree with you that health insurance is the main priority if it is not covered by the state or if we work, but the company does not allocate it. In fact, all insurance is really needed if we have the funds to cover it all, without reducing our daily needs.
If there isn't, then a priority scale must be made and health insurance is very important, because the cost of treatment if you are sick is very expensive, and sometimes you won't be able to pay if you are sick and need treatment.

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March 15, 2024, 10:13:58 AM
 #236

If we really have limitations, of course we have to prioritize health insurance first, as you have said, we also won't be able to withstand other needs. If we have to pay for insurance that we don't really need, of course we won't be able to fulfill it. Regarding insurance costs, we have to choose the type of insurance that we really need and we cannot avoid the need for insurance and in my opinion health insurance is very important for us to have even though others are also necessary, but in my opinion the main thing is to have health insurance.
Costs related to health are not cheap and tend to always be expensive so it is not bad for everyone to prioritize them in life and most people will not mind getting health insurance in any way for themselves and their families too. Because of the many important things that must be considered in life, health must be made the main priority in several important things, so it is very feasible to take out insurance against this. However, at this time I have not considered more insurance except just health insurance.

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doomloop
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March 18, 2024, 06:08:02 PM
 #237

100 EUR per year isnt a life changing amount, and nearly everyone can afford it. Yet people prefer not to do it, and then spend thousands from their own pocket.
It isn't if one has a stable source of income and can afford to save enough money to be able to cover that. So someone who can afford it should never hesitate to get insurance for everything possible because life and things in this world are unpredictable, we never know what might happen in the next moment, so if you have everything insured, you won't be worried much even if there is any sort of problem including your health.

I have seen a lot of people getting in trouble at a lot of occasions and then them being saved by the insurance company, mostly in cases where people have their cars and houses broken for some reason and as you mentioned, without an insurance, one would have to spend thousands of dollars to get all that repaired.

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March 21, 2024, 09:51:11 AM
 #238

If we really have limitations, of course we have to prioritize health insurance first, as you have said, we also won't be able to withstand other needs. If we have to pay for insurance that we don't really need, of course we won't be able to fulfill it. Regarding insurance costs, we have to choose the type of insurance that we really need and we cannot avoid the need for insurance and in my opinion health insurance is very important for us to have even though others are also necessary, but in my opinion the main thing is to have health insurance.
Costs related to health are not cheap and tend to always be expensive so it is not bad for everyone to prioritize them in life and most people will not mind getting health insurance in any way for themselves and their families too. Because of the many important things that must be considered in life, health must be made the main priority in several important things, so it is very feasible to take out insurance against this. However, at this time I have not considered more insurance except just health insurance.

Among other insurances, Health insurance is indeed a top priority to have because in case of emergency and any circumstances, we have health card that we will use in any hospitalization and medication because we all know how expensive hospital bills nowadays. I agree that having an insurance is a little bit expensive especially if a person's salary is enough for their daily needs only that's why it's important to pick which one is the priority. I hope everyone can add this to their list of their budget because this will help us in the future.



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March 21, 2024, 06:26:15 PM
 #239

100 EUR per year isnt a life changing amount, and nearly everyone can afford it. Yet people prefer not to do it, and then spend thousands from their own pocket.
It isn't if one has a stable source of income and can afford to save enough money to be able to cover that. So someone who can afford it should never hesitate to get insurance for everything possible because life and things in this world are unpredictable, we never know what might happen in the next moment, so if you have everything insured, you won't be worried much even if there is any sort of problem including your health.

I have seen a lot of people getting in trouble at a lot of occasions and then them being saved by the insurance company, mostly in cases where people have their cars and houses broken for some reason and as you mentioned, without an insurance, one would have to spend thousands of dollars to get all that repaired.
That's right, for those who have the ability to cover insurance of course they must have it because we all know that in the life we live we cannot predict when we will need insurance and if we already have and experience the need for which we have been insured. Of course we don't have to think about how to solve this problem because we already have insurance that we have paid for and we just accept that what we have insured is fine.

If they have insurance of course they will not experience difficulties when experiencing these needs as you have mentioned and if we don't have insurance of course we have to think about these needs when we experience problems and also have to spend the money we have to be able to fix them of course. This will make it difficult for us when we don't have the funds we have saved and have to try to make ends meet.

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milewilda
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March 21, 2024, 07:08:17 PM
 #240

100 EUR per year isnt a life changing amount, and nearly everyone can afford it. Yet people prefer not to do it, and then spend thousands from their own pocket.
It isn't if one has a stable source of income and can afford to save enough money to be able to cover that. So someone who can afford it should never hesitate to get insurance for everything possible because life and things in this world are unpredictable, we never know what might happen in the next moment, so if you have everything insured, you won't be worried much even if there is any sort of problem including your health.

I have seen a lot of people getting in trouble at a lot of occasions and then them being saved by the insurance company, mostly in cases where people have their cars and houses broken for some reason and as you mentioned, without an insurance, one would have to spend thousands of dollars to get all that repaired.
That's right, for those who have the ability to cover insurance of course they must have it because we all know that in the life we live we cannot predict when we will need insurance and if we already have and experience the need for which we have been insured. Of course we don't have to think about how to solve this problem because we already have insurance that we have paid for and we just accept that what we have insured is fine.

If they have insurance of course they will not experience difficulties when experiencing these needs as you have mentioned and if we don't have insurance of course we have to think about these needs when we experience problems and also have to spend the money we have to be able to fix them of course. This will make it difficult for us when we don't have the funds we have saved and have to try to make ends meet.
We do wish up for a life on having no huge problems or accidents but we do know that there's no assurance that there's nothing that would happen into you. This is why it would really be best that you should be getting an insurance if you do have the budget because nothing beats out that you do think that you have made yourself insured not only you but also with your family and that what brings out that kind of confidence. We do hope
that there's nothing that could happen but since there's no way that we could be able to know on what would happen tomorrow. It is really just that there are people who dont consider on getting one because of some
possible reasons on which they dont able to afford it and some doesnt really care about insurances.

You would really be able to see its importance  when you are on such condition on which these insurances could really give out that kind of usage on which it would be something helpful
in terms of emergencies specially if you do have that shortage of funds in times or emergencies.

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