You are right in pointing out that fees have to be regularly paid inorder to maintain a good insurance plan.
Those with white collar jobs are easily opened to such schemes because most times these insurance companies propose or present offers that is better suited to those with a steady source of income.
The best bet we have these days and see as insurance for the future is HODLing BTC or other forms of cryptocurrency to cover unexpected expenses that range from health hazards to emergencies.
We must consciously carry out all forms of terms and conditions regarding the insurance agreement with the company. Insurance is indeed quite important for people, but it comes back to how someone can follow the terms and conditions provided through monthly payments. There is no free insurance that will provide equivalent services, for example regarding health insurance, vehicles or other insurance. Unfortunately, not everyone can get insurance even though we know that insurance is very important to protect against all kinds of disasters that occur.
Holding bitcoin is considered one of the right ways because we don't need to spend any money as a monthly expense, its nature is not as a form of savings but to maintain the value of the money we have. But actually, I much agree that if we have good finances, we are included in insurance because there are many advantages that we can get even though we regularly have to top up money every month.
In advance if something necessary happen based on the agreement with the insurance is they will cater most of the expenses to their customer, the reason why there are a lot of company offering this someone few of them didn't use their insurance but in some case of course we cannot predict those people came into an accident the insurance company must need to support those needed by their client. Likewise, it's better to have than nothing that's why people keep urging having this insurance but of course as an exchange they need to pay for a monthly subscription or a lifetime well depends.
That's true and there is a kind of free insurance offered by the government through the taxes we pay or it can also be free school at state institutions that don't pay at all. Usually we enjoy this insurance for health costs when we go to hospital for treatment, but the service we get is the lowest because this insurance is not paid directly by the person but is deducted through taxes. There are also some insurance companies that try to use customer funds to make a profit and in the end the insurance company goes bankrupt because it gets into trouble with the law. Cases like this have happened in my country where insurance companies were unable to refund customers after they had legal problems. In the end, it is the customers who have deposited money regularly that suffer the loss and therefore, even though insurance is a solution, we must also look at a clear insurance company before joining it.
Being included in insurance has many advantages when we have an accident, so you don't need to spend any more money to go to the hospital for treatment and the damage to the vehicle is also covered. If business experiences a fire or results in a disaster, the goods will be replaced by the company and we will get many other benefits from insurance if we follow their terms and conditions.