Greetings everyone!
Of course insurance is very necessary at the date in life for everyone of us, because we don't know the future anything can happen anytime. I think almost everyone of us might have taken the insurance about the life, home, car etc. As there are many types of insurance at the moment and even lot of policy. There are scammers too, you have to take care of them too. Well let's understand what actually insurance means, and why people are giving priority much. Well in other words you can also say insurance as a self safety of yourself and money.
Well you are paying some small amount of money regularly to some of the company as per your policy either of car, life, home etc anything. And when the unexpected situation comes like a person is dead due to some reason, or your car got into an accident the company will come up and check all the situations that the situation is real or not. As people are also doing the fake claim because they need some money from the company. But passing the insurance is also not that easy, company is not giving all the money.
Everything depends on the policy and the agreement as per taken by the customer, but insurance company does not pass the claim that easy I have seen from my eyes. Well I don't have much idea about my insurance because my family is seeing all the financial things. But yep I know my family has taken all the insurance of life, property, car, home everything. And that's really good because unexpected situation can come anytime and when it comes you really need to suffer with huge losses. But there is also an alternative of this and company are really earning lot of money.
As we all know that mostly 80-90% people are taking insurance, and company also knows that almost 10-15% will suffer and they need to repay their money, but other then that the people who never face such situation will lose the money when agreement will get over. Of course insurance company are earning much money by selling the fear or loss. Because unexpected situation comes very rare and very few people are suffering from this, and if you never ever face with any of the situation company will be the owner of your money which you were paying.
But taking insurance is also important because rather then loosing a big asset or something you have taken policy off, you can afford to lose small amount of money. Because when the situation comes you will regret it for sure that I wish I have taken the insurance. Well other things come secondary but every person should at least have life insurance to save their own life. Because life is really unexpected, rather then loosing big, lose small which don't affect you much. And take insurance and save everything you can, because at last when you lose something all you will get is that money which you paid to the company.
All the content is mine.
Picture is been taken from my pixabay (free version).
