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Lets get to know myths and facts about insurance

Lets get to know myths and facts about insurance

 



welcome to the channel don't forget to like And subscribe today we're going to talk about let's get to know myths and facts about insurance broadly speaking there are three types of issues that are important to have to protect yourself from the various risks the first is life insurance which is a financial product that provides production for the insured from the risk of death the protection offered by life insurance is compensation that will be given to the beneficiary in the initial ties second insurance that is also important for us to have is health insurance health insurance is financial product that provides protection to the insured regarding health protection covered by health insurance includes reimbursement or medical expenses critical illness disability benefits and long-term care costs the next issue that is no less important is General Insurance General Insurance is a financial product that provides protection for the insured from the risk of loss General Insurance is further divided into several types namely property insurance vehicle insurance travel insurance and many more given that each.

insurance has a different function it is important for us to have each Insurance according to the stages of life in fact the low penetration of insurance shows that public awareness of insurance is still influenced by a number of myths so that you can manage Financial Risk Foundation risk well recognize the following myths and facts about insurance limit number one life insurance is only needed for husband the fact is life insurance is needed by anyone who is already earning and has family dependence thus life insurance is needed by husbands wives and singles myth number two expensive insurance premiums the fact is insurance is the financial product that provides protection according to the needs and financial capabilities of each individual everyone's need for issues is different depending on the stage of life and financial ability that he has ideally everyone should set aside 10 of their monthly income for insurance premium number three the insurance claim process is difficult the fact is currently 

several issuance companies offer an easier claim process through digital applications or to websites you can also check the insurance company's track record in terms of claim payments before paying insurance with number four paying life insurance and general insurance is a loss because the premium will be lost if there the risk doesn't occur the fact is the premiums that policyholders pay in life insurance are not lost in life insurance the policy order pays a premium to get protection for his life so when the issue dies the issued family will receive the summer shirt which will help the financial burden of the family left behind and so is General Insurance myth number five still young turned it will turn really need insurance the fact is insurance is bought before the risk occurs for example a person can only have critical illness insurance if a critical illness has not been detected a person can only buy fire 

Insurance when the property has not been hit by a fire accident when the risk has occurred applying for issuance will be more difficult expensive and there are excluded classes or even the policy application is rejected with number six really six so no need for health insurance and critical illness Insurance the fact is although we will rarely get sick we can't turn a blind eye to the fact that health care costs have the potential to affect a family financial condition such as pushing us into debt health insurance and critical illness Insurance aim to avoid huge medical expenses if you fall ill or become particularly ill without having Health issuance and critical illness issuance a person can be trapped in death or 20 savings when facing the risk of illness myth number seven they're hardly any fire happening so no need for fire Insurance the fact is fires can hit anywhere unexpectedly if that happened one could suffer anomalous losses while issuance will prevent the policyholder from losses that could cause him to go bankrupt in the event of a fire hopefully now you understand more about the myths and facts about insurance that way you are more gentleman to protect yourself with insurance thank you

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