Important Insurances We Are Paying
How many kinds of insurances do you have at the moment? What kind of insurances do you think are useful for you and your whole family? How much are you paying for it? Do you think paying insurances will benefit you if any losses or risks occur?
If you have to ask me how many kinds of insurances we are having right now, I am honestly telling you, quite a lot. Just last week I went to the bank and paid 3 bills of insurances.
I believed many of you understand the importance of buying certain insurances. Depending on your needs and budget, you can avail of any insurances which you think are indispensable for your daily activities, your family, for your properties and for your own safety and security.
I can give you a list of insurances we have at the moment.
Health Insurance– We live in a country where health insurance is a must to pay especially if you are working. It is automatically deducted to your salary and your employer is also paying a part of it. Health insurance policies usually cover the cost of medical treatments.
Car or Auto Insurance– Owning a car also means a must of having an auto insurance. It protects the policyholder against financial loss in the event of an incident involving a vehicle you own. Since we have two cars, we are also paying two insurances for it. We chose the semi-annual payment so that we can have it cheaper. We don’t know what lies ahead on the road we are driving and car insurance will help us in terms of road accidents and losses.
Travel Insurance– You never know when accidents happen when you are on vacation or holiday. Since I am a frequent traveller, we decided to buy a so-called “multi-trip policy” travel insurance. If you live in Australia, New Zealand or in the UK, DUInsure can help you with your travel insurance needs. Be sure to get one especially if you are travelling to any country where medical services are very expensive.
Home Insurance– If you own a house, you better buy a home insurance too! I believed this is a must for every home owner. It provides coverage for damage or destruction of the policyholder’s home. Depending on where your home is located or I would say the geographical location of your house, the policy may exclude certain types of risks, such as flood or earthquake that require additional coverage.
I remembered when the water pipes exploded inside our home last winter 2006, we are glad that we had a home insurance. They paid for all the damages caused by the water especially to the properties like that were damaged like the furniture and appliances.
Accident Insurance– This is a very important insurance to consider. For example, if you have an accident that hindered you not to go to work anymore because you lose your leg or arm, an accident insurance will surely provide you financial support.
Other insurance we are paying are lawyer’s insurance, liability insurance, unemployment insurance, roadside assistance insurance and life insurance. I guess, I already listed most of the insurances we are paying every year. We always believed for our safety and security in terms of losses and risks. It is better to be always ready than sorry. Think and decide of getting insurances you need, before it is too late!
