Not many people realize that, in fact when we invest our money, significantly reduces the potential risk.
1. Income Protection
Life is full of uncertainties, complex and unpredictable. Anything can happen and we can’t always prevent the unexpected from happening. Let’s say, if you the breadwinner of family, insurance coverage at least can ensures that the needs of families not affected.
2. Health Risk
Rising of medical cost sometimes become a burden to certain people who cannot afford. Including payments for medicines, treatments, fees for consultations and further treatment. Those are obstacle for you to access health services and cause financial distress who have to spend in order to get the best quality services like you need.
3. Retirement Fund
All people that work look forward to have a happy retirement. In fact, your financial situation will certainly change when you retire. You need to know how to manage and estimate your retirement fund from now. However, by protect yourself with insurance it is a practical step toward the goal.
4. Coverage Risk
Prevention is better than cure. Getting permanent insurance at a young age is important because the policy premium is more cheaper. Despite, it helping you to avoid the risk of being repudiated by insurance company due to health issues that may arise. Besides, insurance helping you to protect from life uncertainties.
5. Permanent or Temporary Disability Risk
Due to breadwinner disability, additional protection is important for greater peace of mind. So insurance such as life insurance, travel insurance and personal insurance will ensure and protect the needs of the families will not affected.
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