Post
Topic
Board Economics
Re: Insurance is important
by
asrinur
on 15/06/2024, 06:41:11 UTC
Insurance is very important for us and our family. Life is full of uncertainty, risks are everywhere. For example, regarding health. Yes, we have to take care of our health, but we also need to prepare additional protection, in the form of health insurance. Therefore, having insurance is not only to protect our interests but also to protect the family we love.
Yes, insurance is very important for us and our family. Especially we should all insure for the future. Generally by insurance we mean contract. Legally the contract between two parties is called insurance. There are different types of insurance such as;

1. Life insurance
2. Home insurance
3. Vehicle insurance
4. Life Insurance
5. Fire Insurance
6. Travel insurance
7. Health insurance

Life insurance provides financial security.
Moreover, for underprivileged families, they really need insurance so that if something happens to them, it can be handled well, especially health insurance which can help poor families when they seek treatment.

I agree with your but how come they can have an insurance if they dont have even a little savings on their own? as much as they want, they couldn't because their income is only enought for their daily expenses, having an insurance is only eligible for those who afford to pay the monthly fee but for some people, it's a big struggle for them. let's be real here, insurance should included in our monthly expenses or basic necessity but we can't add it up because some of us considered it as a burden expenses.
If there is a will there is definitely a solution. Even though some people's income is only enough for their daily needs, if they can set aside a small amount of their income to save then they will definitely be able to pay the monthly fees. It all depends on the level of desire of each of us and how we look at the future.