Insurance is important

[wmaurik]

Considering that insurance is a very important aspect, of course you have to choose a company that already has a very good trust or rating where this company is formally proven very well. everyone certainly wants the best in this case and this also costs some money, and of course they don't want to be disappointed with the program they are choosing.

Choosing an insurance company that already has high trust in the community sector is indeed very important because it is related to the insurance services that we want. Because currently there are so many new companies operating in the same field so that we do not have to immediately trust the new company as long as there are still old companies that are still good enough and consistent enough in serving every insurance needed by the community. Although some of these new companies also need to be explored before we trust them as good insurance companies like those that have existed before.

[CoinFoxs]

Well in my own sight i think insurances is important because we don't know what will happen every now and then we can experience emergency, pandemic, calamity , or even accident or death we cannot stop this situation when it happen ,the only thing that we can do is to have an insurance so that we can have money to be used when one of this will happen.The problem is we need to pay the insurance because it is not free and that was a big problem specially to those who don't have a stable job.

Totally agreed, insurance is important for every person living in this planet as we don’t know our future and we don’t know what will happen to us in coming days. We might have an accident or robbery etc so we should go for insurance policies. For a job person it is very important as they have only one source of income but in case of a businessman they have multiple sources of income so they somehow manage their expenses.

[asrinur]

Having insurance might reduce one's concerns about the prospect of losing property or being injured in an accident. However, is it prudent to spend money on insurance when a claim may never be made? Is maintaining a spare tire in the car a waste of money, even if it is never used? The driver's sense of security may justify the cost of the extra tire. While financial compensation cannot replace certain losses, it can help to compensate for others. Individuals acquire a wide range of insurance products, including property, liability, health, disability, and life insurance.However, whether or not to have insurance is a personal decision.

Almost all my friends have insurance they advise me to get insurance but I never interested in getting insurance according to them. Insurance is a personal matter so I don't like getting insurance that's why I don't get insurance.  I think if I can use my money in some other way it will be good for me and father's family. But I don't know if my decision is right I will never take insurance I have already decided.

Maybe it's because you have so much money that you don't need any insurance. but for some people who are thinking about the future, they will definitely take care of insurance, especially health insurance. Because we don't know what will happen in retirement if we suddenly get sick, whether we have enough money for treatment if we don't have health insurance. So, if you are sure that when you retire, you suddenly become seriously ill and have enough money for treatment, then maybe you are not taking the wrong step in not taking out insurance.

[summonerrk]

Well in my own sight i think insurances is important because we don't know what will happen every now and then we can experience emergency, pandemic, calamity , or even accident or death we cannot stop this situation when it happen ,the only thing that we can do is to have an insurance so that we can have money to be used when one of this will happen.The problem is we need to pay the insurance because it is not free and that was a big problem specially to those who don't have a stable job.

Totally agreed, insurance is important for every person living in this planet as we don’t know our future and we don’t know what will happen to us in coming days. We might have an accident or robbery etc so we should go for insurance policies. For a job person it is very important as they have only one source of income but in case of a businessman they have multiple sources of income so they somehow manage their expenses.

Yes, that's true if you approach it from a psychological point of view. But then a question arises? Why, if insurance is profitable for ordinary people, then how do insurance agencies make a profit? After all, they have to pay people a lot. But in fact, if insurance agencies exist, it only means that they make huge profits from insured persons. And this can only be explained by the fact that most people never needed insurance. And only a few of the insured persons make a profit.

[Lanatsa]

Well in my own sight i think insurances is important because we don't know what will happen every now and then we can experience emergency, pandemic, calamity , or even accident or death we cannot stop this situation when it happen ,the only thing that we can do is to have an insurance so that we can have money to be used when one of this will happen.The problem is we need to pay the insurance because it is not free and that was a big problem specially to those who don't have a stable job.

Totally agreed, insurance is important for every person living in this planet as we don’t know our future and we don’t know what will happen to us in coming days. We might have an accident or robbery etc so we should go for insurance policies. For a job person it is very important as they have only one source of income but in case of a businessman they have multiple sources of income so they somehow manage their expenses.

Yes, that's true if you approach it from a psychological point of view. But then a question arises? Why, if insurance is profitable for ordinary people, then how do insurance agencies make a profit? After all, they have to pay people a lot. But in fact, if insurance agencies exist, it only means that they make huge profits from insured persons. And this can only be explained by the fact that most people never needed insurance. And only a few of the insured persons make a profit.

Speaking or talking about being a profitable business in regarding insurance companies then it do really shows that they are indeed profitable. They wont really be existing on the first place if they werent that profitable.It is really just that they do know on how to manage up this kind of business despite of having those claims on which this could really affect it out their overall revenue. Of course they would really be having brackets about on the coverage of those insurances basing up into their contributions or simply with the insurance that they have bought or paid on. You would really be wondering on how the hell they would be covering up big amount for certain accidents or situations with just that a small fraction that they are requiring.? Come to think that not all would really be able to experience serious accidents into their lifetime and if theres one then it would really be something minimal and it will really be covering up cheap and this is where they do make money.

Insurances companies would really be having that huge impact in terms of revenue is on the time that there would really be tons of insurance claims and covering up on stating on what they had put up on such contract or policy. So far i have seen some old insurance company here in our country that even up to now they are still running strong and this do really shows that this kind of business is really that indeed profitable into its owners. On personal point of view in speaking about on how important insurance is then its really something important because we dont know on when accidents happen into our life and not all the time
we do have the money that we do have in our pockets or simply it would really be depleted out on the time or moment that it will be involving serious critical conditions.

[Z_MBFM]

Having insurance might reduce one's concerns about the prospect of losing property or being injured in an accident. However, is it prudent to spend money on insurance when a claim may never be made? Is maintaining a spare tire in the car a waste of money, even if it is never used? The driver's sense of security may justify the cost of the extra tire. While financial compensation cannot replace certain losses, it can help to compensate for others. Individuals acquire a wide range of insurance products, including property, liability, health, disability, and life insurance.However, whether or not to have insurance is a personal decision.

Almost all my friends have insurance they advise me to get insurance but I never interested in getting insurance according to them. Insurance is a personal matter so I don't like getting insurance that's why I don't get insurance.  I think if I can use my money in some other way it will be good for me and father's family. But I don't know if my decision is right I will never take insurance I have already decided.

Maybe it's because you have so much money that you don't need any insurance. but for some people who are thinking about the future, they will definitely take care of insurance, especially health insurance. Because we don't know what will happen in retirement if we suddenly get sick, whether we have enough money for treatment if we don't have health insurance. So, if you are sure that when you retire, you suddenly become seriously ill and have enough money for treatment, then maybe you are not taking the wrong step in not taking out insurance.

When we are young we can spend our life in any way and earn money but when we reach our retirement stage we become very weak physically. Due to which I cannot afford to earn a handsome amount of money at that time. So if we suddenly fall seriously ill then it becomes very challenging for us to bear the medical expenses. So, we should at least have a health insurance for future security. Also, since we use our own cars regularly, car insurance is also very important for us. Every insurance is important enough for us so the issue of insurance must be kept in our deep review list

[Woodie]

Insurance definitely comes in very handy in times of need especially that you transfer the risk to another party to bring you back were you where..and if these honour their dues without any back and forth interactions then the experience is 👌, but this being a business not everyone has something nice to say about these guys because their T&C's could be hiding certain  teeny tiny details that might not cover you and will leave you to foot the bill even when you have the insurance..

Otherwise insurance and life assurance very good initiatives to be part of to avoid being caught unaware financially!

[wmaurik]

I completely agree, insurance is crucial. It provides peace of mind knowing that you're protected against unexpected events. Personally, I've had situations where my health and auto insurance came in handy, saving me from significant financial strain.

It must be agreed by everyone because the usefulness of insurance is indeed in a direction that we do not expect where in general it is like a disaster that we cannot avoid so that the importance of insurance cannot be avoided by anyone including the poor in this world. Because health and vehicles are two important things that are always needed and used every day by everyone so it is indeed worthy of having insurance for our relief when we have to spend more money on both of these things.

[Mr.sprin]

It must be agreed by everyone because the usefulness of insurance is indeed in a direction that we do not expect where in general it is like a disaster that we cannot avoid so that the importance of insurance cannot be avoided by anyone including the poor in this world. Because health and vehicles are two important things that are always needed and used every day by everyone so it is indeed worthy of having insurance for our relief when we have to spend more money on both of these things.

Yes, that's right, bro, insurance helps us when we have a disaster and something we don't want, insurance is a contribution for unexpected expenses, so that when we experience a disaster we can claim our insurance, that way we are relieved a little by the insurance. , we don't have to look for a loan first when we experience a disaster, whether an illness or a disaster while traveling, this is very important for us because we have to take good care of our health and when that happens we will receive relief through the insurance that we registered previously, in my opinion and for all of us insurance is very important in our lives.

[ndutndut]

I completely agree, insurance is crucial. It provides peace of mind knowing that you're protected against unexpected events. Personally, I've had situations where my health and auto insurance came in handy, saving me from significant financial strain.

It must be agreed by everyone because the usefulness of insurance is indeed in a direction that we do not expect where in general it is like a disaster that we cannot avoid so that the importance of insurance cannot be avoided by anyone including the poor in this world. Because health and vehicles are two important things that are always needed and used every day by everyone so it is indeed worthy of having insurance for our relief when we have to spend more money on both of these things.

Of course insurance is very important because insurance is a protection to anticipate our risks in the future, any insurance is very good if we have it, especially health insurance. It's just that there are still many people who are less interested in insurance because many insurance companies today prioritize profit and income rather than the welfare of their customers. As a result, many cases of insurance disguised as fraudulent investments have emerged which have made insurance in the field in some communities.

Therefore, before choosing insurance, it is very important for us to be careful, what are the agreements with the insurance party, what are the benefits, and what I think is most important is choosing a trusted and responsible agent. In addition, have it according to your needs such as health insurance and vehicle insurance, but it all comes back to each individual, choose which one suits your budget and needs.

[Mahanton]

I completely agree, insurance is crucial. It provides peace of mind knowing that you're protected against unexpected events. Personally, I've had situations where my health and auto insurance came in handy, saving me from significant financial strain.

It must be agreed by everyone because the usefulness of insurance is indeed in a direction that we do not expect where in general it is like a disaster that we cannot avoid so that the importance of insurance cannot be avoided by anyone including the poor in this world. Because health and vehicles are two important things that are always needed and used every day by everyone so it is indeed worthy of having insurance for our relief when we have to spend more money on both of these things.

Of course insurance is very important because insurance is a protection to anticipate our risks in the future, any insurance is very good if we have it, especially health insurance. It's just that there are still many people who are less interested in insurance because many insurance companies today prioritize profit and income rather than the welfare of their customers. As a result, many cases of insurance disguised as fraudulent investments have emerged which have made insurance in the field in some communities.

Therefore, before choosing insurance, it is very important for us to be careful, what are the agreements with the insurance party, what are the benefits, and what I think is most important is choosing a trusted and responsible agent. In addition, have it according to your needs such as health insurance and vehicle insurance, but it all comes back to each individual, choose which one suits your budget and needs.

People would only realize it's importance In the moment that they are on the current situation on which they are struggling on which this is the moment they are thinking that they should have get insurances to save up themselves on huge spending specially on emergency situations which I we could say that this is really indeed beneficial on these type of moments.Majortiy are really just neglecting this and just said that they are really that mindful on getting one when they are we experiencing hardship.We do know that not all the time we do have money in our pockets or having that huge life savings on which there are moments that we do fell short, and here comes insurances to the rescue.Although we can't really be able to blame up others because paying up something won't really be their main priority specially into those poor people or who are on poverty on which this is something that least of their concern.

This is why as much as possible you should at least consider on getting an insurance because we can't be able to know on when accidents and disaster happen into our life and also we can't have those extra funds all the time or would be sufficient specially if medical bills would be that too much or something which is big on which this one will be causing up that huge problem and this is where you would really be able to see such relevance about getting an insurance.Come to think that you are just only paying up once a year and it's just right that you should consider on getting one rather than on having that regret in the end.

[liasbaa]

Well in my own sight i think insurances is important because we don't know what will happen every now and then we can experience emergency, pandemic, calamity , or even accident or death we cannot stop this situation when it happen ,the only thing that we can do is to have an insurance so that we can have money to be used when one of this will happen.The problem is we need to pay the insurance because it is not free and that was a big problem specially to those who don't have a stable job.

Totally agreed, insurance is important for every person living in this planet as we don’t know our future and we don’t know what will happen to us in coming days. We might have an accident or robbery etc so we should go for insurance policies. For a job person it is very important as they have only one source of income but in case of a businessman they have multiple sources of income so they somehow manage their expenses.

Every person should be covered by insurance because you have a family and maybe a job or business and if you have few spare assets then surely that insurance can help you financially in retirement and it equates to a guaranteed profit. Also his family gets a lot of money from insurance due to financial assistance in case of physical illness and untimely death so I also think everyone should get themselves covered by insurance to increase their financial strength along with themselves.

[kasablings]

Insurance is very important cause it help safe guard life and properties, having an insurance is of good value.health wise property wise cause you insurance might sort those your emergency bills that can come up when there is no much fund to sort them out.

[Baki202]

Yes, that's right, bro, insurance helps us when we have a disaster and something we don't want, insurance is a contribution for unexpected expenses, so that when we experience a disaster we can claim our insurance, that way we are relieved a little by the insurance. , we don't have to look for a loan first when we experience a disaster, whether an illness or a disaster while traveling, this is very important for us because we have to take good care of our health and when that happens we will receive relief through the insurance that we registered previously, in my opinion and for all of us insurance is very important in our lives.

Till now people are still taking insurance to be a joke and don't see the relevance of insuring your properties and their countries that they will make insurance compulsory for you especially for you car, and making the police do proper checks on wether your insurance papers are complete or not, but other countries will make you decide if you want to insure or not and if their is a disaster the. Your insurance should be able to cover for it and it is not as it money is much but you know how people are toward money they will consider the amount of money they will be paying to keep their own property safe until an occurance that is when you will know the value of insurance and we should try and encourage our selfs the more to do insurance for cars and other properties it is always advisable.

[ivankoh]

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".

Personally, I think it would be great if we could buy property insurance, it would ensure and protect us from risks, especially in times of economic turmoil like today. In fact, in developing countries, the rate of implementation of this is very low, even in some poor countries, people have not yet accepted and implemented health insurance for their children or themselves. Until accidents related to health occur, this is very dangerous. Therefore, I hope that everyone will take their rights to insurance seriously.

[martinex]

I think this is a problem that everyone has when it comes to getting insurance. If someone asks whether insurance is important or not, I would say it is very, very important. You should have health insurance, life insurance, education insurance, and insurance for your business so that you don't have to worry if something unwanted happens. But buying all that insurance means you will spend money every month to pay the bill. Not everyone has enough money to pay for insurance. But this does not mean that insurance can only be obtained by rich people. If you have good financial literacy, I think health insurance and life insurance can be an option and you just need to manage and limit your expenses for other things.

This means that all types of services that are protective and want to be protected require additional costs when that happens at any time later. of course it's true, the category that is able to cover monthly costs for its items is not the lower middle class but it is clearly financially sufficient.

Well, the easiest solution for all of these cavers is to save at least 10% of our income regularly and periodically and if something happens, we can immediately cash it out whether in the form of crypto, fiat or gold.

[uswa56]

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".

Personally, I think it would be great if we could buy property insurance, it would ensure and protect us from risks, especially in times of economic turmoil like today. In fact, in developing countries, the rate of implementation of this is very low, even in some poor countries, people have not yet accepted and implemented health insurance for their children or themselves. Until accidents related to health occur, this is very dangerous. Therefore, I hope that everyone will take their rights to insurance seriously.

If you prefer to insure the property you own, of course the financial condition you have is very stable and also you must have health insurance for yourself so that you do not have difficulties in meeting when you need it and for some people who are still earning a mediocre income, of course they have to be more concerned about health insurance for themselves because we cannot know for sure when the need will be We need and other things, if someone who only has enough income to eat, of course they must be able to protect themselves from things that endanger themselves because when they experience health problems, of course they cannot cope because they do not have insurance that they can use.

[ITExpert]

Insurance is good and like you said it is more valued in developed countries. This is because it is well organized and insurance companies won't have to deny an insured or whatever was insured after you have been paying your premium.

Like you said again, you mentioned politics. It is unfortunate that in most less developed countries, companies and government are not sincere to keep their own part of the bargain or contract and so that raises a lot of distrust. A reason that would have made the woman not to take the flood warning seriously. Although it is to her own detriment but to prove that your property was destroyed sometimes is like the cow passing through the eye of a niddle even in the midst of glaring and public evidences. Moreover, restitution and compensation takes ages. These and more would make an average person living in a corrupt country to rather put their fate to what they can do by themselves, more like every man to himself and God for us all.

Yes, there is no doubt that it is a bad thing and indeed it is valued more in foreign countries. Because this thing is very important for them there and they definitely pay for it.  And with that benefit people try to get it and from that, they invest in many good works.  Yes, any company you see will only take advantage of themselves. And for that, even if they get involved with any politics, there will be no harm to them because they see their own benefit. So it is obvious and it is seen in many countries from now on that if the government does not do its job, its property is destroyed and it is better that it does its job well, which causes them financial loss.  don't be  But they should do what is their right, whether it takes them a lifetime or not, because they are brought with a lot of trust and belief and if they put them in harm's way, it is very wrong.

[bubilas]

Insurance is very important cause it help safe guard life and properties, having an insurance is of good value.health wise property wise cause you insurance might sort those your emergency bills that can come up when there is no much fund to sort them out.

This is true, but it is very important to be able to choose a good insurance company, because often they promise one thing, but then do not want to fulfill their obligations. It is best if there is someone you know who has already been paid money for an accident, and this will be the best indicator of the insurance agent's performance.
 I had such a friend and I went to get insurance from this company. Because I know many cases where the insurance company pretended that the injury or damage to the car was the fault of the insurer itself. And did not pay him anything.

[wmaurik]

Insurance is very important cause it help safe guard life and properties, having an insurance is of good value.health wise property wise cause you insurance might sort those your emergency bills that can come up when there is no much fund to sort them out.

However, everyone must also have their own reserve funds to deal with everything that happens to them unexpectedly, although we all do not ignore the need for important insurance in our own lives. However, what we need to understand is that not all insurance companies will cover every cost we need because all of that has rules and mechanisms so that some of the costs we need must also be prepared by ourselves because some of them have been prepared by the insurance company if we already have insurance.