Insurance is important - page 14. | Bitcointalksearch.org

boyptc

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Quote from: AmoreJaz on March 05, 2024, 04:10:56 PM

Quote from: boyptc on March 05, 2024, 04:02:04 PM

Quote from: Ricardo11 on March 05, 2024, 11:11:34 AM

We must have insurance. Danger can come anytime, this insurance can help us when we fall into a big problem. I think what we need the most is health insurance. We should definitely take this insurance. If your income is high then you must have insurance. This will save you from major problems.

Insurance is protection.

Protection to our assets, to the things and possessions that we've worked hard. And that's why if you love your family, you're going to get insurance and no matter how wealthy you are, if you think that it's worth it to have it, definitely you'll get one, two or more insurance policies.

Whilst for the poor and don't have that much wealth, this is the best protection that they can have. Many treats it as an investment and some people still get the wrong idea about insurances. We all will die someday and it's up to you on what legacy you'll leave your family.

For most people, they can't afford to buy any type of insurance, reason being, they can't even put food on their table. This is why it is understandable that some people are hesitant to get one because of financial constraints. Whereas, those few who can really afford just like the OP's story have their qualms to get insurance because they are too confident, they don't need one. Well, some people don't want to foresee worst possible scenarios that may come because they feel it won't happen to them.

That's true and it's a real situation that's being dealt by many. It's easier to work for the food that we shall put in the table than to buy an insurance.

This varies to the situation of living and I think poorest of the poor, can't really avail these insurances. But if you're a working person and a family guy, at least allocate to the best that you can for your income's protection and assets too.

We don't want to foresee what may happen in the future but it's the reality that everyone has to go through.

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Quote from: dunfida on March 05, 2024, 04:37:40 PM

Quote from: AmoreJaz on March 05, 2024, 04:10:56 PM

Quote from: boyptc on March 05, 2024, 04:02:04 PM

Quote from: Ricardo11 on March 05, 2024, 11:11:34 AM

We must have insurance. Danger can come anytime, this insurance can help us when we fall into a big problem. I think what we need the most is health insurance. We should definitely take this insurance. If your income is high then you must have insurance. This will save you from major problems.

Insurance is protection.

Protection to our assets, to the things and possessions that we've worked hard. And that's why if you love your family, you're going to get insurance and no matter how wealthy you are, if you think that it's worth it to have it, definitely you'll get one, two or more insurance policies.

Whilst for the poor and don't have that much wealth, this is the best protection that they can have. Many treats it as an investment and some people still get the wrong idea about insurances. We all will die someday and it's up to you on what legacy you'll leave your family.

For most people, they can't afford to buy any type of insurance, reason being, they can't even put food on their table. This is why it is understandable that some people are hesitant to get one because of financial constraints. Whereas, those few who can really afford just like the OP's story have their qualms to get insurance because they are too confident, they don't need one. Well, some people don't want to foresee worst possible scenarios that may come because they feel it won't happen to them.

This is the sad reality on which due to that lack of financial capacity then we are really that having a hard time even with our daily needs or that good that we do need on everyday living
on which having these insurances wont really be put up in prioritization on which it would really be that understandable. We shouldnt really be judging them that they are irresponsible just because
they dont have that insurances on which we know that not all would really be that living in a life on which having that money to spare or budget on having insurances.
Lets just be grateful that we are living in a life that have that financial capacity at least and able to get those insurances but if you dont have then you would really be just
needing to deal up with it.

Having an insurance should be a top priority but it's common to have none in those people who lives in 3rd country due to poverty and lack of financial stability. I think that people don't like that they don't have the common needs in life, It's just that, they will focus more on the budget for food and important bills even if they no longer have insurance, but who doesn't want to have insurances right? It's just sad because there are countries that don't have a system like the one in Canada and the US where all the taxes paid by the citizens are used and they feel

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Quote from: AmoreJaz on March 05, 2024, 04:10:56 PM

Quote from: boyptc on March 05, 2024, 04:02:04 PM

Quote from: Ricardo11 on March 05, 2024, 11:11:34 AM

We must have insurance. Danger can come anytime, this insurance can help us when we fall into a big problem. I think what we need the most is health insurance. We should definitely take this insurance. If your income is high then you must have insurance. This will save you from major problems.

Insurance is protection.

Protection to our assets, to the things and possessions that we've worked hard. And that's why if you love your family, you're going to get insurance and no matter how wealthy you are, if you think that it's worth it to have it, definitely you'll get one, two or more insurance policies.

Whilst for the poor and don't have that much wealth, this is the best protection that they can have. Many treats it as an investment and some people still get the wrong idea about insurances. We all will die someday and it's up to you on what legacy you'll leave your family.

For most people, they can't afford to buy any type of insurance, reason being, they can't even put food on their table. This is why it is understandable that some people are hesitant to get one because of financial constraints. Whereas, those few who can really afford just like the OP's story have their qualms to get insurance because they are too confident, they don't need one. Well, some people don't want to foresee worst possible scenarios that may come because they feel it won't happen to them.

This is the sad reality on which due to that lack of financial capacity then we are really that having a hard time even with our daily needs or that good that we do need on everyday living
on which having these insurances wont really be put up in prioritization on which it would really be that understandable. We shouldnt really be judging them that they are irresponsible just because
they dont have that insurances on which we know that not all would really be that living in a life on which having that money to spare or budget on having insurances.
Lets just be grateful that we are living in a life that have that financial capacity at least and able to get those insurances but if you dont have then you would really be just
needing to deal up with it.

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Quote from: boyptc on March 05, 2024, 04:02:04 PM

Quote from: Ricardo11 on March 05, 2024, 11:11:34 AM

We must have insurance. Danger can come anytime, this insurance can help us when we fall into a big problem. I think what we need the most is health insurance. We should definitely take this insurance. If your income is high then you must have insurance. This will save you from major problems.

Insurance is protection.

Protection to our assets, to the things and possessions that we've worked hard. And that's why if you love your family, you're going to get insurance and no matter how wealthy you are, if you think that it's worth it to have it, definitely you'll get one, two or more insurance policies.

Whilst for the poor and don't have that much wealth, this is the best protection that they can have. Many treats it as an investment and some people still get the wrong idea about insurances. We all will die someday and it's up to you on what legacy you'll leave your family.

For most people, they can't afford to buy any type of insurance, reason being, they can't even put food on their table. This is why it is understandable that some people are hesitant to get one because of financial constraints. Whereas, those few who can really afford just like the OP's story have their qualms to get insurance because they are too confident, they don't need one. Well, some people don't want to foresee worst possible scenarios that may come because they feel it won't happen to them.

boyptc

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Quote from: Ricardo11 on March 05, 2024, 11:11:34 AM

We must have insurance. Danger can come anytime, this insurance can help us when we fall into a big problem. I think what we need the most is health insurance. We should definitely take this insurance. If your income is high then you must have insurance. This will save you from major problems.

Insurance is protection.

Protection to our assets, to the things and possessions that we've worked hard. And that's why if you love your family, you're going to get insurance and no matter how wealthy you are, if you think that it's worth it to have it, definitely you'll get one, two or more insurance policies.

Whilst for the poor and don't have that much wealth, this is the best protection that they can have. Many treats it as an investment and some people still get the wrong idea about insurances. We all will die someday and it's up to you on what legacy you'll leave your family.

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Quote from: Smartvirus on March 05, 2024, 02:18:03 PM

Quote from: stomachgrowls on March 02, 2024, 03:45:33 PM

Why people do skip out on getting insurances?
They would really be thinking up

1. They wont really be needing it as if they wont be totally easily get sick, having accidents, having no plans of investment, totally healthy

I think this is about the only reason most persons that don’t have any insurance on them have got and probably those that are completely ignorant on how the insurance business actually works.

People in actual wants there insured business or policy to always okay out and have it value manifested but, they just don’t give room to the eventuality of the business. Maybe it doesn’t occur in the agreed time according to policy but, there is always room for an extension and it helps in your business survival and whatever is been insured.
It saves cost and prepares you for any eventuality without excuses.

While it might be a necessity in the developed world, the developing and underdeveloped have got little room for it but, it’s just about time though. They will get there one day and probably the low income status of most of its populace plays a role to that.

On the time that they would really be able to find themselves into those tough and difficult situations, then this is the only time that they would really be thinking that it is really that important.
We do know that there's no such thing about assurance when it comes to health and accidents on which it could really be possibly be able to happen in our lifetime. Yeah its good to see yourself to be fit
and having no history of accidents for long time but for me i wont really be that too confident about that because in daily living there would really be always those chance or odds that it could happen.
Dont find yourself into a tough situation not unless if you are rich and could pay up cash whatever condition or situation you might be into, then it would be just that fine but if you do find
yourself having those shortage or really just that enough funds then this one would really be that relevant.

Smartvirus

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Quote from: stomachgrowls on March 02, 2024, 03:45:33 PM

Why people do skip out on getting insurances?
They would really be thinking up

1. They wont really be needing it as if they wont be totally easily get sick, having accidents, having no plans of investment, totally healthy

I think this is about the only reason most persons that don’t have any insurance on them have got and probably those that are completely ignorant on how the insurance business actually works.

People in actual wants there insured business or policy to always okay out and have it value manifested but, they just don’t give room to the eventuality of the business. Maybe it doesn’t occur in the agreed time according to policy but, there is always room for an extension and it helps in your business survival and whatever is been insured.
It saves cost and prepares you for any eventuality without excuses.

While it might be a necessity in the developed world, the developing and underdeveloped have got little room for it but, it’s just about time though. They will get there one day and probably the low income status of most of its populace plays a role to that.

Ricardo11

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We must have insurance. Danger can come anytime, this insurance can help us when we fall into a big problem. I think what we need the most is health insurance. We should definitely take this insurance. If your income is high then you must have insurance. This will save you from major problems.

Litzki1990

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Quote from: BD Technical on March 02, 2024, 08:47:22 PM

Insurance is either a security of your life or a security of your family in case something happens to you or your business in case something happens, you get some money from insurance as your backup or money in case you get unemployment later on. can use But if you have life insurance, you can spend your money if you have anything else, you can book with your family. And if you are a business of your business or. What kind of insurance does the trader provide for any loss in your business or 10 actually depends on your nature. If you have unwittingly had a lot of trouble with that insurance, you will get your money from there if it comes to ten. Insurance Takash is important for every person because having insurance is a guarantee of life and a security of life.

Only insurance will provide security to our life but not like that, apart from insurance there are many other methods for financial security. Those who are conscious people definitely spend that money on future planning without taking insurance. Of course there are certain conditions to be insured, there are some insurance schemes where the money cannot be withdrawn until you die. If you can't use your money to live with your needs, then that money is worthless. If we have to worry about security alone, we can save some money that we will not use unless absolutely necessary. Earlier we may not have known so much but now everything has become easy for us now we don't need insurance to keep money. The amount of people who used to insure and the amount of insurance companies that existed, but now people do not insure that amount and many insurance companies have closed down.

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Quote from: wmaurik on March 03, 2024, 08:44:31 AM

In fact, people in rural areas do not not believe in insurance and the parties in it, but some people still find it difficult to take care of it so they prefer not to have it from now on. Moreover, people in villages that are far from urban areas do not often involve themselves and their assets with riskier matters, so they do not consider things like insurance to be important. In fact, if only they had a better understanding of this, of course they would also make insurance for themselves and all their assets without hesitation against the elements in it.

probably because they've heard some horror or scary story about insurance where someone are paying consistently and whenever they got hit by some disaster that actually should be covered by the insurance they outright get refused we all know there exists such review from various youtube videos even if you see at the gmaps of these insurance building on the review section there are many bad reviews.
well can't blame them, sometime some insurance company are just like that, but if we can find the right insurance for us, the one that have proven by ourselves to be reliable it can be really a life saving.
i've found one my self and I think it just make my life more secured if im being honest, definitely anyone that tries to secure their financial from any potential of loss due to maybe sudden ilness or whatever problem they gonna encounter in which are covered by insurance they should use the service.
i guess its just my opinion and it kinda give relief to face sudden problem but there are reasons why majority of people are choosing to be insured these days.

Youngkhngdiddy

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Quote from: BD Technical on March 02, 2024, 08:47:22 PM

Insurance is either a security of your life or a security of your family in case something happens to you or your business in case something happens, you get some money from insurance as your backup or money in case you get unemployment later on. can use But if you have life insurance, you can spend your money if you have anything else, you can book with your family. And if you are a business of your business or. What kind of insurance does the trader provide for any loss in your business or 10 actually depends on your nature. If you have unwittingly had a lot of trouble with that insurance, you will get your money from there if it comes to ten. Insurance Takash is important for every person because having insurance is a guarantee of life and a security of life.

Insurance promotes financial stability by preventing a sudden and overwhelming financial burden in the face of unexpected circumstances. This stability is crucial for individuals and businesses to continue their operations and maintain their standard of living. Knowing that you are protected by insurance provides peace of mind. Whether it's health, life, property, or any other type of coverage, insurance alleviates the stress and anxiety associated with potential financial losses. insurance is a crucial component of financial planning, offering protection, stability, and peace of mind.
Insurance is important because for a small price you can leverage a large number of peoples’s premiums to protect your interests. For example, if you were financially independent, with a large number of liquid or income producing assets, you may not need life insurance because if you die, you have managed your assets such that they will protect your family. That is unless you are using a life insurance policy as a transfer of wealth instrument, then that is a totally different story, and an answer for a different question.

wmaurik

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Quote from: Sorryfor on March 02, 2024, 01:04:03 PM

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, people in rural areas do not not believe in insurance and the parties in it, but some people still find it difficult to take care of it so they prefer not to have it from now on. Moreover, people in villages that are far from urban areas do not often involve themselves and their assets with riskier matters, so they do not consider things like insurance to be important. In fact, if only they had a better understanding of this, of course they would also make insurance for themselves and all their assets without hesitation against the elements in it.

BD Technical

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Insurance is either a security of your life or a security of your family in case something happens to you or your business in case something happens, you get some money from insurance as your backup or money in case you get unemployment later on. can use But if you have life insurance, you can spend your money if you have anything else, you can book with your family. And if you are a business of your business or. What kind of insurance does the trader provide for any loss in your business or 10 actually depends on your nature. If you have unwittingly had a lot of trouble with that insurance, you will get your money from there if it comes to ten. Insurance Takash is important for every person because having insurance is a guarantee of life and a security of life.

stomachgrowls

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Quote from: Sorryfor on March 02, 2024, 01:04:03 PM

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.

Why people do skip out on getting insurances?
They would really be thinking up

1. They wont really be needing it as if they wont be totally easily get sick, having accidents, having no plans of investment, totally healthy
2. Expensive
3. Too busy for them to pile on

You would really be able to see its relevance on the time that you would really be having those kind of problems specially if this one involves
huge amount of money then you would really be trying to seek these insurances and having those regrets that you should have
allocate some budget to have one. Well, regrets is always at the end. Cheesy

Sorryfor

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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.

bettercrypto

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Insurance has a lot of benefits, and some of them if you have the money to avail it can really help our loved ones just in case something unexpected happens to us.

And some of them can provide financial protection, also provide maintaining standard of living, also provide investment opportunity and savings plan. Now, I will also provide some source links for the insurance benefits thing.

Insurance Benefits:

- https://paytm.com/blog/insurance/what-is-insurance-definition-benefits-and-types/

- https://www.investopedia.com/5-top-benefits-of-life-insurance-5105062

- https://www.grangeinsurance.com/tips/what-is-insurance-why-is-it-important

Gormicsta

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Of course, insurance is important because it protects us from financial loss such as debts, but having insurance will give you peace of mind whether you are with a company or an individual because you will not have to spend much money on any damages or losses.
Also, in addition to business insurance, we have health insurance, which we call free medical, which is paid for by the government, so all we have to do is go for check-ups and treatment as needed, and we don't have to pay for it unless it's absolutely essential.

DanWalker

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Quote from: tsaroz on March 02, 2024, 08:04:45 AM

Quote from: Taskford on March 02, 2024, 07:49:02 AM

Quote from: wmaurik on March 02, 2024, 05:48:24 AM

Quote from: terrific on February 21, 2024, 04:36:14 PM

Actually the more older we get, the more we need it and we realize it overtime. It may not be actually needed and necessary when we're younger.
But as we grow older, we are looking for protection that are going to protect not just our wealth but also the financial situation of our loved ones.
That's the purpose of insurance and even if you want to have an additional income but when you're older, your actions are limited so as the opportunities.

Your advice is not bad for this, but for now I am also very aware of this so I have also made a plan to one day create insurance that can protect my wealth and also protect the financial situation of the people around me. I'm like in my family. However, for now it seems like I don't need this because I am still very capable of working and earning additional income so I am trying to postpone that plan for now and save it well to use again when I really need it.

While we are strong and capable to do everything we like then there's instances that we can really think that there's no need for us to have an insurance since we are young and just think about we are wasting our money for that.

But once there's something bad happen to you while doing your daily task outside or even at your workplace then you don't have enough savings to pay your hospital bills for sure you provably would regret that you didn't get these insurance. At current condition where to many unsure things we can experience in life its better to have insurance so that we are fully prepared for the worse and some resource for our hospitalization.

Life insurance is not as good at least where I live. My employer has a compulsory life insurance subscribed for me and that's the only one in my family. Many agents do approach us for a life insurance but I have forbade every of my family member to take one. This all agent thing and the large commission they are paid turns it into a scam type business and the x2 return on early death is not so promising as there are better investment options.
I have a third party insurance for my vehicle which again is a compulsion, I would have not taken it if possible.
Health insurance is what I'm interested in and this is where it's difficult to get a balanced option. My parents are getting older and there are no good options that provide overall health insurance for them. There's one government option that is too bureaucratic that the hassle to get your bills paid are much greater than the bill itself.

Many people have misconceptions about life insurance. Life insurance, in addition to bringing us commissions when we get old, insurance companies will connect with a number of private hospitals with high-quality services. This means that when you have an accident or incident and are treated at those high-end hospitals, life insurance will pay part of your hospital fees. This is something that state health insurance cannot do. Health insurance is only used in state hospitals and the quality of state hospitals cannot be better than the quality of private hospitals. Frankly speaking, life insurance is a good thing but many people don't like it because their income cannot meet it.

tsaroz

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Quote from: Taskford on March 02, 2024, 07:49:02 AM

Quote from: wmaurik on March 02, 2024, 05:48:24 AM

Quote from: terrific on February 21, 2024, 04:36:14 PM

Actually the more older we get, the more we need it and we realize it overtime. It may not be actually needed and necessary when we're younger.
But as we grow older, we are looking for protection that are going to protect not just our wealth but also the financial situation of our loved ones.
That's the purpose of insurance and even if you want to have an additional income but when you're older, your actions are limited so as the opportunities.

Your advice is not bad for this, but for now I am also very aware of this so I have also made a plan to one day create insurance that can protect my wealth and also protect the financial situation of the people around me. I'm like in my family. However, for now it seems like I don't need this because I am still very capable of working and earning additional income so I am trying to postpone that plan for now and save it well to use again when I really need it.

While we are strong and capable to do everything we like then there's instances that we can really think that there's no need for us to have an insurance since we are young and just think about we are wasting our money for that.

But once there's something bad happen to you while doing your daily task outside or even at your workplace then you don't have enough savings to pay your hospital bills for sure you provably would regret that you didn't get these insurance. At current condition where to many unsure things we can experience in life its better to have insurance so that we are fully prepared for the worse and some resource for our hospitalization.

Life insurance is not as good at least where I live. My employer has a compulsory life insurance subscribed for me and that's the only one in my family. Many agents do approach us for a life insurance but I have forbade every of my family member to take one. This all agent thing and the large commission they are paid turns it into a scam type business and the x2 return on early death is not so promising as there are better investment options.
I have a third party insurance for my vehicle which again is a compulsion, I would have not taken it if possible.
Health insurance is what I'm interested in and this is where it's difficult to get a balanced option. My parents are getting older and there are no good options that provide overall health insurance for them. There's one government option that is too bureaucratic that the hassle to get your bills paid are much greater than the bill itself.

Taskford

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Quote from: wmaurik on March 02, 2024, 05:48:24 AM

Quote from: terrific on February 21, 2024, 04:36:14 PM

Actually the more older we get, the more we need it and we realize it overtime. It may not be actually needed and necessary when we're younger.
But as we grow older, we are looking for protection that are going to protect not just our wealth but also the financial situation of our loved ones.
That's the purpose of insurance and even if you want to have an additional income but when you're older, your actions are limited so as the opportunities.

Your advice is not bad for this, but for now I am also very aware of this so I have also made a plan to one day create insurance that can protect my wealth and also protect the financial situation of the people around me. I'm like in my family. However, for now it seems like I don't need this because I am still very capable of working and earning additional income so I am trying to postpone that plan for now and save it well to use again when I really need it.

While we are strong and capable to do everything we like then there's instances that we can really think that there's no need for us to have an insurance since we are young and just think about we are wasting our money for that.

But once there's something bad happen to you while doing your daily task outside or even at your workplace then you don't have enough savings to pay your hospital bills for sure you provably would regret that you didn't get these insurance. At current condition where to many unsure things we can experience in life its better to have insurance so that we are fully prepared for the worse and some resource for our hospitalization.

Topic: Insurance is important - page 14. (Read 4681 times)