insurance that is very worthy to have is health insurance. when you have health insurance, then you can be calmer that when something happens to you, then you have insurance that you can use to pay for your medical expenses. because in this day and age hospital costs are very expensive and i do not recommend that you pay for it with your own money, unless you are rich maybe that is not a big problem, but now the average rich person already has health insurance. so having health insurance is the most basic thing that every individual needs to have.
Because even rich people already have health insurance for themselves, of course poor people also cannot remain silent about things like that. Because basically those who are still poor also really need things like that for themselves, especially if everyone knows about the high costs that have to be paid at a hospital because things related to health are not cheap. That is why no one will consider the importance of health insurance for themselves and their own family. 
Topic: Insurance is important - page 6. (Read 4381 times)
I don't know who needs to hear this but you need to get insurance if you have assets that are your source of income and it can be insurable. This may not mean much to a lot of folks in developed countries because they're familiar with it, but a lot (and I mean a lot) of people in underdeveloped countries don't care about insurance.
I've read stories of people who were okay financially going broke because they have spent all they had to treat an illness for themselves, their children, or loved ones. I'm not saying insurance is our personal lord and savior, but it can help you in tight situations.
Around November last year, I volunteered to join a local and small NGO that was taking food, drugs, and other supplies to flood victims.
For context of how big the flood was, we used speedboats on roads and it was as though we were on a high sea.
Experts gave lectures on how to prepare for a flood and not wait for it to be too late. Some of the people we met told their stories.
We met one woman whose case I found very interesting.
She had a farm; a fishery and a poultry farm. The poultry was much bigger than the fishery. The farm was so big and established it made her thousands of dollars monthly in gross income. The flood took her by surprise, she was able to rescue some feeds and animals, but she lost so much of it.
Now let's ignore the fact that she was careless for not believing the warnings that a very big flood was coming because, in her words "In my 56 years of being alive and my 17+ years of doing this business, I've never experienced the tiniest bit of flood"
Let's focus on the fact that neither her farm nor a single thing on the farm was insured despite generating that kind of income.
Because of the damage we saw, the NGO started a campaign for the government to help these farmers with grants and loans so they can get back on their feet (but y'all know how politics gets). This allowed us to visit this woman at her farm. She's back on her feet, but it could take years to get back to what she was before the flood.
If her farm was insured, it most likely wouldn't have taken her that long.
There are many more people like this. A cab driver loses his care and he's back to square one because that's his source of income. Others get an illness that is expensive to treat and they go broke trying to pay for the treatment.
A husband and father die unexpectedly and leave nothing behind, leaving the wife to struggle alone to take care of the children. This takes a family that was comfortably a middle-class family to a lower-class family.
If you make money, get health insurance for you and your family, and insure your assets that are a source of income, businesses. Get a life insurance to secure your family's future.
There's a saying " hope for the best and plan for the worst".
I've read stories of people who were okay financially going broke because they have spent all they had to treat an illness for themselves, their children, or loved ones. I'm not saying insurance is our personal lord and savior, but it can help you in tight situations.
Around November last year, I volunteered to join a local and small NGO that was taking food, drugs, and other supplies to flood victims.
For context of how big the flood was, we used speedboats on roads and it was as though we were on a high sea.
Experts gave lectures on how to prepare for a flood and not wait for it to be too late. Some of the people we met told their stories.
We met one woman whose case I found very interesting.
She had a farm; a fishery and a poultry farm. The poultry was much bigger than the fishery. The farm was so big and established it made her thousands of dollars monthly in gross income. The flood took her by surprise, she was able to rescue some feeds and animals, but she lost so much of it.
Now let's ignore the fact that she was careless for not believing the warnings that a very big flood was coming because, in her words "In my 56 years of being alive and my 17+ years of doing this business, I've never experienced the tiniest bit of flood"
Let's focus on the fact that neither her farm nor a single thing on the farm was insured despite generating that kind of income.
Because of the damage we saw, the NGO started a campaign for the government to help these farmers with grants and loans so they can get back on their feet (but y'all know how politics gets). This allowed us to visit this woman at her farm. She's back on her feet, but it could take years to get back to what she was before the flood.
If her farm was insured, it most likely wouldn't have taken her that long.
There are many more people like this. A cab driver loses his care and he's back to square one because that's his source of income. Others get an illness that is expensive to treat and they go broke trying to pay for the treatment.
A husband and father die unexpectedly and leave nothing behind, leaving the wife to struggle alone to take care of the children. This takes a family that was comfortably a middle-class family to a lower-class family.
If you make money, get health insurance for you and your family, and insure your assets that are a source of income, businesses. Get a life insurance to secure your family's future.
There's a saying " hope for the best and plan for the worst".
In my opinion, health insurance and other things are very good, especially for our families, especially us, because they can cover our lives in the future.
That's why insurance is very important for everyone, we must have this insurance.
Not only health insurance, but life insurance or other types of insurance are also really important, but lack of understanding and economic conditions are barriers that make many people misunderstand them as useless, even some people calling life insurance a scam. But I think no matter how difficult the economy is, we should equip ourselves with health insurance because it is extremely important and will bring great benefits if we have an unexpected accident.
Personally, I have had health insurance for many years and have never had to use it but I have witnessed the huge benefits of purchasing it. 5 years ago, my father had kidney stones and had to have surgery, the cost of an operation is up to $3k and that was a huge amount of money many years ago in a poor country. But fortunately, my family only had to pay more than $1k and the rest was covered by insurance. Since then, our entire family has purchased health insurance every year because we see its importance.
Of course insurance is very important when we experience unwanted difficulties, so it can protect income from sudden risks,by protecting saved finances by protecting the family's future, and we can choose insurance that we think is necessary for now but not all People understand all of this and need an explanation that can enter their minds, such as health insurance which is considered very important as the main foundation for healthy finances for us to have.
But now there are indeed many who understand the importance of insurance for the future, although not a few who also cannot do it because the existing policy is quite expensive and not easy to achieve.
I always try to stay away from life insurance. Because if I can invest this money in real estate or bitcoins without wasting money behind life insurance, it can bring me many times profit after few years. Life insurance is not like for me that's why I am not much interested in life insurance. .
In as much as I know the importance of insurance in general, and health insurance particularly, I don't think it's more beneficial to everyone. It's only favorable to people who suffer from terminal illness and not people who hardly fall sick. It doesn't matter whether one is rich or poor, it's about one's health conditions that determine if they need health insurance or not. For people like me with my current health conditions, I will channel that money to other aspects of insurance and not health definitely. I'm aware of emergency cases such as accident but I consider it a minor issue that one can handle on their own without involving insurance company, moreover, some of these emergency cases can be prevented by taking some measures.
Not saying that health insurance has less relevant thou, health condition determines it priority.
Not only health insurance, but life insurance or other types of insurance are also really important, but lack of understanding and economic conditions are barriers that make many people misunderstand them as useless, even some people calling life insurance a scam. But I think no matter how difficult the economy is, we should equip ourselves with health insurance because it is extremely important and will bring great benefits if we have an unexpected accident.
Personally, I have had health insurance for many years and have never had to use it but I have witnessed the huge benefits of purchasing it. 5 years ago, my father had kidney stones and had to have surgery, the cost of an operation is up to $3k and that was a huge amount of money many years ago in a poor country. But fortunately, my family only had to pay more than $1k and the rest was covered by insurance. Since then, our entire family has purchased health insurance every year because we see its importance.
Of course insurance is very important when we experience unwanted difficulties, so it can protect income from sudden risks,by protecting saved finances by protecting the family's future, and we can choose insurance that we think is necessary for now but not all People understand all of this and need an explanation that can enter their minds, such as health insurance which is considered very important as the main foundation for healthy finances for us to have.
Life insurance is part of what we should place priority on especially our health insurance. Just like they say 'health is wealth', if ones health status is good, their is still a much hope for such person to be rich. In most case, people don't do insurance out of poverty but out of ignorance and adequate knowledge about it's important. If people really know it's important, I believe they will put priority on it just like we do for other things.
I think what you say is true because I also see and refer to what many people around me have done, where many people have started to consider health insurance for themselves. And this may be because their knowledge of insurance has started to improve so they have started to think that personal health insurance is a very important thing for everyone to have regardless of whether the person is rich or poor. Because accidents and sudden illnesses can happen to anyone regardless of the person's background status.Not only health insurance, but life insurance or other types of insurance are also really important, but lack of understanding and economic conditions are barriers that make many people misunderstand them as useless, even some people calling life insurance a scam. But I think no matter how difficult the economy is, we should equip ourselves with health insurance because it is extremely important and will bring great benefits if we have an unexpected accident.
Personally, I have had health insurance for many years and have never had to use it but I have witnessed the huge benefits of purchasing it. 5 years ago, my father had kidney stones and had to have surgery, the cost of an operation is up to $3k and that was a huge amount of money many years ago in a poor country. But fortunately, my family only had to pay more than $1k and the rest was covered by insurance. Since then, our entire family has purchased health insurance every year because we see its importance.
insurance that is very worthy to have is health insurance. when you have health insurance, then you can be calmer that when something happens to you, then you have insurance that you can use to pay for your medical expenses. because in this day and age hospital costs are very expensive and i do not recommend that you pay for it with your own money, unless you are rich maybe that is not a big problem, but now the average rich person already has health insurance. so having health insurance is the most basic thing that every individual needs to have.
The rich still purchase their own health and life insurances. THat's how wise they are with money. And you know what they describe insurances?It's their wealth's protection and so it won't be dropping like a destroyed faucet that will take their forever savings.
Don't forget that it's not just about health insurances but as mentioned, there are too many of them and all of it is what we need but if you can't, choose to prioritize first.
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.
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.
I think what you say is true because I also see and refer to what many people around me have done, where many people have started to consider health insurance for themselves. And this may be because their knowledge of insurance has started to improve so they have started to think that personal health insurance is a very important thing for everyone to have regardless of whether the person is rich or poor. Because accidents and sudden illnesses can happen to anyone regardless of the person's background status.
insurance that is very worthy to have is health insurance. when you have health insurance, then you can be calmer that when something happens to you, then you have insurance that you can use to pay for your medical expenses. because in this day and age hospital costs are very expensive and i do not recommend that you pay for it with your own money, unless you are rich maybe that is not a big problem, but now the average rich person already has health insurance. so having health insurance is the most basic thing that every individual needs to have.
Life insurance is part of what we should place priority on especially our health insurance. Just like they say 'health is wealth', if ones health status is good, their is still a much hope for such person to be rich. In most case, people don't do insurance out of poverty but out of ignorance and adequate knowledge about it's important. If people really know it's important, I believe they will put priority on it just like we do for other things.
I always try to stay away from life insurance. Because if I can invest this money in real estate or bitcoins without wasting money behind life insurance, it can bring me many times profit after few years. Life insurance is not like for me that's why I am not much interested in life insurance. .
Life insurance is part of what we should place priority on especially our health insurance. Just like they say 'health is wealth', if ones health status is good, their is still a much hope for such person to be rich. In most case, people don't do insurance out of poverty but out of ignorance and adequate knowledge about it's important. If people really know it's important, I believe they will put priority on it just like we do for other things.
I think what you say is true because I also see and refer to what many people around me have done, where many people have started to consider health insurance for themselves. And this may be because their knowledge of insurance has started to improve so they have started to think that personal health insurance is a very important thing for everyone to have regardless of whether the person is rich or poor. Because accidents and sudden illnesses can happen to anyone regardless of the person's background status. 
~snip~
Thats if you do stick with those long time running insurances on which you do know that it could be able to sustain but still there would really be no assurance that they would really be lasting until the very end of time or on the moment that you would really be needing it. Here in our country on which there are instances that known insurances that closed up their doors or did go bankrupt on which it causes for it to have those refunds which it did take up for years specially into its clients. Well, there would really be no guarantees in life but basing up on the amount that you would really be paying up with thise insurances then it could really give out that kind of peace of mind specially into certain conditions on which we know that theres no assurance that there would be no incidents or condtiions that you could be able to encounter.
I do understand on why there would be those individuals who would really be that skeptical on getting one due to expensive price and there are still other priorities which needs to be done first
before getting insurances and there are ones who do mind that its really just that a waste of money on which its their choice to make on.
I want to have my own insurance (also for my family) but you see basic needs are more important for us to live our everyday life. I know it is important to have insurance especially if there are immediate emergency need to prioritize but it is not common for us in a third world country to have that privilege. Only with high salary or we can say atleast with a person who still not have his/her own family. In our country, this is not priorities nor have the campaign to teach this, so many of us
are not aware about the importance of it in their future.
are not aware about the importance of it in their future.
Life insurance is part of what we should place priority on especially our health insurance. Just like they say 'health is wealth', if ones health status is good, their is still a much hope for such person to be rich. In most case, people don't do insurance out of poverty but out of ignorance and adequate knowledge about it's important. If people really know it's important, I believe they will put priority on it just like we do for other things.
which it did take up for years specially into its clients. Well, there would really be no guarantees in life but basing up on the amount that you would really be paying up with thise insurances then it could really give out that kind of peace of mind specially into certain conditions on which we know that theres no assurance that there would be no incidents or condtiions that you could be able to encounter.
I do understand on why there would be those individuals who would really be that skeptical on getting one due to expensive price and there are still other priorities which needs to be done first
before getting insurances and there are ones who do mind that its really just that a waste of money on which its their choice to make on.
I want to have my own insurance (also for my family) but you see basic needs are more important for us to live our everyday life. I know it is important to have insurance especially if there are immediate emergency need to prioritize but it is not common for us in a third world country to have that privilege. Only with high salary or we can say atleast with a person who still not have his/her own family. In our country, this is not priorities nor have the campaign to teach this, so many of us
are not aware about the importance of it in their future.
are not aware about the importance of it in their future.
Life insurance is part of what we should place priority on especially our health insurance. Just like they say 'health is wealth', if ones health status is good, their is still a much hope for such person to be rich. In most case, people don't do insurance out of poverty but out of ignorance and adequate knowledge about it's important. If people really know it's important, I believe they will put priority on it just like we do for other things.
Life insurance is part of what we should place priority on especially our health insurance. Just like they say 'health is wealth', if ones health status is good, their is still a much hope for such person to be rich. In most case, people don't do insurance out of poverty but out of ignorance and adequate knowledge about it's important. If people really know it's important, I believe they will put priority on it just like we do for other things.
This is really needed for those who already have enough money to be able to pay for insurance for themselves, but for some people who have just enough funds for their needs, of course it is very unlikely that they will think about insurance and of course what is important to them Just having their daily needs met is very pleasant for them and I don't think all poor people don't know the importance of being able to look after their health and having health insurance will make it easier for them to treat it when they are sick, but it is difficult to meet their needs. Of course, this will enable them to be able to take care of themselves so that they don't get sick easily and must be able to take care of their own health because if they are sick they have to find a way to recover in a way that suits their abilities. 
In most case, people don't do insurance out of poverty but out of ignorance and adequate knowledge about it's important. If people really know it's important, I believe they will put priority on it just like we do for other things.
They don’t think it’s important because they have no money to dedicate for that.Insurance is expensive and a lot of families will rather spend money on food, education or other things. This is unfortunate but it’s the reality. A lot of people do not put importance in their health until the very last moment. This has been a problem in my country.
I want to have my own insurance (also for my family) but you see basic needs are more important for us to live our everyday life. I know it is important to have insurance especially if there are immediate emergency need to prioritize but it is not common for us in a third world country to have that privilege. Only with high salary or we can say atleast with a person who still not have his/her own family. In our country, this is not priorities nor have the campaign to teach this, so many of us
are not aware about the importance of it in their future.
are not aware about the importance of it in their future.
Life insurance is part of what we should place priority on especially our health insurance. Just like they say 'health is wealth', if ones health status is good, their is still a much hope for such person to be rich. In most case, people don't do insurance out of poverty but out of ignorance and adequate knowledge about it's important. If people really know it's important, I believe they will put priority on it just like we do for other things.
Indeed, there is a lot of insurance that we can use if we have a lot of money. But if our money can only pay for one insurance then choosing health insurance is more important because among all insurances, health insurance must be our main priority. It could be said that everyone must have health insurance.
Health insurance is a protection and that's why we need to have it. But it's also understandable when others are telling that they cannot afford it and they don't think that they are going to die anytime. That's the mindset that they have and you have to look at their situation why they're telling that. While you, being able to understand what life is and how it's possible to happen things in that way and anything is of possibility with our lives even if we're not foreseeing should come in preparation through health insurance and the rest will depend on how you're going to protect it like your car and real estate.the expenses and other responsibilities are calling then you would really be putting it into the least consideration or choices which you would be ending up on backslashing and would be going into those which are more important. Yes, its sad but there's nothing we can do. We do know that insurances are really that great in terms of emergencies.
But as much as possible on which getting one should really be in consideration because not all the time we would be able to avoid accidents and health issues on which you would
really be able to appreciate on how these insurances work and benefit you out on times like these.
It is difficult for certain countries to make such policies and I think everyone should be able to stand up and not expect anything from the state.
Health insurance is indeed quite an important thing in life and for those with low incomes of course paying health insurance contributions is a big burden that they cannot afford so I think it should be a reference for them to be able to work harder so they can get it. more money instead of hoping for the government.
Health insurance is indeed quite an important thing in life and for those with low incomes of course paying health insurance contributions is a big burden that they cannot afford so I think it should be a reference for them to be able to work harder so they can get it. more money instead of hoping for the government.
A country that has low gross domestic products per capital income, how can they afford a proper health insurance. Such country find it difficult to have a good health facility and hospitals, how can such country have a stand health insurance system for the citizens and even if you manage to have the resource and money for proper health care, you have to flight down to other country to have a well healthy medical treatment.
In my country, health insurance are affordable as the private ones are doing well and what I do is that I don't wait until I fell sick before I go for system check up, I regularly go to hospital even when I'm fine as I have some friends I do pay visit during my off days, I do checkup for body system to see when if there is anything wrong with my system, it's better be early than been late with a sickness later that insurance might not be able to cover up.
I want to have my own insurance (also for my family) but you see basic needs are more important for us to live our everyday life. I know it is important to have insurance especially if there are immediate emergency need to prioritize but it is not common for us in a third world country to have that privilege. Only with high salary or we can say atleast with a person who still not have his/her own family. In our country, this is not priorities nor have the campaign to teach this, so many of us are not aware about the importance of it in their future.
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