Of course this is not a new word for you. Even the nursery kids would know what an insurance is. It is a very popular thing around the world and if you look back, there a long history for insurance since its inception. The primary objective of insurance is to help people and their properties in case of a physical damage. Although we can put it in that way, today it is diversified into various aspects. For instance, there are different types of insurance coverage you can choose depending on your requirement such as the life insurance, health insurance, fire insurance etc. You may not need all of these. But, probably a minimum of two you should have. Let’s try to elaborate few of those.
Everyone on earth must have a life insurance. Human life is the most uncertain thing in this world. You will never be able to say that when something will happen for your life. You may get badly injured, handicapped or even die. Not only for yourself, if you have a family, you should get this for all the family members too. For your husband/wife and children. Because, after you, the next most important part of your life is the family. This is a must and not something like a travel insurance Hong Kong which you don’t have to compulsorily have with you.
According to Buddhism, health is the ultimate profit. There’s absolutely no point of earning in millions if you are not physically fit. Then all your wealth will have to be spent on curing diseases. Is that what you want? However, a health insurance doesn’t guarantee your good health and also it doesn’t take care of your regular life style as well. You are the only person who is responsible for your wellbeing. The health insurance will assist you by paying hospital bills, funding the medical checkups and so on. Sometimes, the company that you work, must have invested a huge amount of money for these things to motivate you.
This is critically important if you are someone who drives on a daily basis. Risks on the road, are higher than any other risk. And it should be noted that the above two types are often connected with the vehicle insurance. The reason is, you can expect a lot of accidents on the road. When it happens, not only the vehicle, but also your life could be in danger. Further, it should be mentioned here that, if you are a traveler, then it is recommended to have an annual travel insurance. Hence, whenever you go abroad or visit any place of the country, that insurance will become active.
Except those three most common categories of insurance, there are several other type which come under each of those. Some examples would, fire, third party and dual insurances.
Haven’t you gotten anything? Hurry up. Living is just nothing but a risk.