REASONS YOU NEED A LIFE INSURANCE

  HOW TO GET INSURANCE?

Before we discuss much about how to get insurance, I could wish to introduce to you want Insurance literally means?, why you need to be insured?, various types of insurance, and why exactly you need to be insured?

In this generation of the 21st Century, majority of the people nolonger care and they don't take insurance to be a very serious case but yet this is one of the few benefits man can live with.

First of all Insurance deals alot in compenstaion, so if you get insurance your sure about any risk that comes to your side thatyou insured. With Insurance it works in away that most of the people ignore and at the head they regret having not be insured, but once you get insurance I can garantee that whatever you insured for is 100% safe.

Let's understand Insurance in away where a person or client visits the Insurance company of any ind he wishes to and then pays a certain amount of fee to his or her desired policy, it may be life insurance, property insurance or health insurance and the company determines the percentage the client will be paying every ceratin period of time which is usually a month.

The funny and most interesting part of Insurance is that your guranteed 100% about riks whether it's fire out break at home or office according the the Insurance policies you signed and agreed with the company they compensate everything whether you joined a week back then the company gets a fire out break ad it is insured against fire, then the insurance company will send their auditors to audit the damage and compenste you immediately.

Let's understand the health part of it which is always referred to as the health insurance. With this you are insured against a disease, accident or any health problem according to the policy guidelines you signed and what you pay for, you never know apart from God the Almighty what could happen while your in the way or at home or any other place.

Whether you get a heart problem and you need large sums of money to work on heart transplant and you had paid for the full health insurance, your insurance company caters for everything needed so as you don't fall into loans or anyother trouble and get others diseases like pressure, your insurance company clears all the bills needed because you insured.

Same applies to when you get an accident and you insured and you need to be operated which could cost you thousands of dollars, the insurance company should just be informed then they will do the needful to make sure all bills are worked upon.

Let's come to understad about the life Insurance. Like the other forms of insurance we have discussed which include property and health insurance, for life insurance you insure about your life till death and you sign policy agreements about what should be done and all the expenses to incur when you die it's the insurance company to carter about all that.

For life Insurance like other forms of insurance you also pay a certain amount of money to the Insurance company and you sign the policy agreement according to what you need to your desires. This can be used to pay for various bills when you pass on which include funeral rites bills or cremention, debts settlement and other medical bills that could have not been cleared by the health insurance.

You can also use the life Insurance as your one time saving option like you can save for a certain period of time or Age which could aid you in planning when you become older so as not to disturb your children or family relatives.

 

With life insurance your able to save for a specific peroid of time for example tution for your children so as they can join college which could be in a 15 years time and when the child grows up this could help you not spend any single penny because the insurance company will cover if it's what you stated in the policy.