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.
In this expensive era, having insurance seems to be a necessity, even though having insurance is a personal decision. However, if you look at the example you gave, insurance is very important to anticipate undesirable things, especially health insurance. We know that treatment is very expensive nowadays, if you have insurance it will help.
Back to the beginning, insurance is everyone's choice and it really needs to be thought about and found out first, sometimes many people mistakenly think that insurance is an investment that will generate profits from each monthly premium payment. even though insurance is the same as using security services in the office, but if you want your office to be safe and peaceful then you can use security, of course by providing a salary, of course without expecting there will always be thieves, right? It's the same as the spare tire on a car.
The most important thing is that we must be careful and wise in choosing insurance. Make sure we get information transparently and thoroughly from the start so we don't make the wrong choice. Apart from that, we also need to assess whether the insurance company can be trusted or not.