There are situations that we cannot foresee and that prevent maintaining the level of income, which can have a negative effect on family well-being, this is where insurance appears as the main solution.
Every day we are exposed to countless unforeseen events; illnesses, accidents, natural disasters, damage caused by third parties, among others. The occurrence of these events puts your heritage and in some cases your life at risk. This is where insurance starts to play an important role, as they allow you to nullify the effect of these unforeseen events or reduce their impact.
Insurance functions as a contract in which the insurer, in exchange for an economic benefit called a "premium", is responsible for all damages and affectations caused to both material goods and persons.
When an insurance contract is made, economic protection is obtained against any possible affectations that such goods or persons may suffer.
Signing insurance should not be considered as a mere expense. It is more accurate to think that we are buying peace of mind and that the premiums are according to the insured risk: the higher the value to be insured or the more likely the risk, then the higher the premium.
Important points to take out insurance:
# - SAFETY. Insurance provides protection and support in cases of loss in an unexpected event. It's better to have it and not need it, than to need it and not to have it.
Insurance offers safety and protection when there is a loss of income from death, old age, personal accidents and/or illness. Also against losses in fires, damage, destruction or disappearance of property, property, machines, etc.
# - REDUCTION OF RISK OR LOSS. In business or on a personal level, having insurance increases the likelihood of getting ahead of natural disasters such as floods, hurricanes, and fires. Closing a company may depend on whether or not you have insurance.
Life can bring us uncertainties and uncertainties by limiting our income or to some extent losing them.
With the payment and support of insurance we can be certain that we will have certain income, since the insurance company would pay a fixed amount from some incident agreed in the insurance policy.
# - QUIET. Insurance significantly eliminates or reduces the tension, fear, anxiety, frustration, or mental weakness associated with the uncertainty of the future.
It is important to know that not having financial security for the future causes us tension, distraction and concern, which manifests itself in a lower performance in our work and personal life.
Our health may also be affected if we are not foresighted of these situations. We must also learn to invest money and practice the habit of saving.
# - PROMOTES SAVINGS. The insured is forced to pay regularly the value of the insurance which can encourage the habit of saving.
health insurance and life insurance promotes regular and systematic savings, which after a period of time could be useful and necessary for the insured person, depending on the life policy contracted.
It's practically a benefit you could use in the future!
# - MEDICAL INSURANCE. It is the possibility to attend the private medical consultation at lower costs. It is a support to deal with complicated diseases and/or costly accidents.
# - health insurance and life insurance. It is a financial aid to the family when the main provider of the house dies, it helps them to have an adaptation time.
# - CAR INSURANCE. It is the backup in case of accidents with the vehicle, and avoid having to take savings to repair it, or pay for the damage of the other vehicle.
TrueCoverage delivers affordable health insurance by partnering with 600+ top insurance companies. Specializing in the Affordable Care Act (Obamacare), we offer the widest choice of plans, making it easy to get you the BEST health coverage at the lowest rates. Our team even takes the time to ensure that you receive every premium tax credit and health insurance subsidy available.
Need great supplemental insurance? TrueCoverage is your One-Stop-Insurance-Shop for excellent Dental, Vision, Medicare options, Medicare Part D, Life, Cancer, and Disability insurance.