If we are given the opportunity, then we should also make use of it to insure ourselves and the properties we have, the general approach many have towards this is that they believe that those that should to on insurance should be those that have alot of properties assets because they will have the required financial stand to pay in for the service and also benefited from using it, but if there are low level insurance for the average individuals, then we can also go in for them and have ourselves insured together with our belongings.
The best insurance that I have dreamed of getting is the life insurance. Because in the eventuality of my passing, I do not want my family members to suffer. I want them receive death benefit. Although, I want this i think it is very expensive and I do not trust all these HMOs and their offers some of them. What is good here is to acquire as much wealth as possible during your lifetime, and take your time to write your will. So upon your death, your family members will receive from your investments what is due to them from the will that you have written.
Life insurance is probably what everyone wants . No one wants a their kids to suffer and wife after their death. But at the same time health insurance as long as a person is still breathing. Lack of good health care may lead to death. It's advisable to ensure good health insurance for you and your family. This is because even if your not alive anymore they will be giving proper health care.
All aspects of insurance are good, be it life, health, liability, finances and property, all are good, but as insurance itself is good, the industry is corrupt and insurance companies often cheat people. This explains why people often drag them to court and win them, some could be fraudulent and discouraging trying not to pay people their money, not even the deposits. I believe the system is getting better than before due to the activities of regulators, and the more the government wades in, the better, so that they don't continue to cheat the citizens of their claims.
Also, insurance is not that easy, and one has to be painstakingly engaged in it as it's so demanding. This equally depends on what you are insuring and the packet you signed for in the category, especially if you are not earning that much. This is a setback for some people, you should have a steady income, which is another disparity about it. The poor people or those who are still struggling can't afford most insurance, and this is applicable to some average-earning people as well, it hurts a lot. Regardless, if people could painstakingly pay their insurance and the insurance companies are fair enough, this is a very good way to be covered during the bad and unforeseen negative days.
