Think You Don’t Need Insurance? 5 Reasons You Should Reconsider
This article is by Sher Bautista and originally published at the FWD Insurance blog.
Does insurance make you automatically think of death? Do you put off getting yourself insured because it depresses you? Getting insurance doesn’t have to be such a gloomy task. It can be insurance for your future. Here are five reasons that prove insurance is more than you think.
Insurance is a sore topic for some people. They think that insurance is saving money for one’s eventual demise. Not a pleasant conversation to have at all. This concept of insurance is terribly outdated.
With the ease of internet research and proliferation of plan options today, claiming that insurance is something that one doesn’t understand enough, thus will avoid, is just plain baloney. Getting insured is a smart, practical thing to do for you and your loved ones. Read on and get your facts sorted out.
Insurance Is an Investment
Look at insurance as an investment, rather than as an expense. It may not be needed right now while you are young and full of health, but is a good form of security for you and your loved ones in the future.
You are, in essence, putting away money for something you hope you never have to use, but will prove to be incredibly valuable in the long run. Some policies return your money in as short a time as five years. Products such as FWD’s Set For Life and All Set are good examples to check out.
Get Access to Preventive Care
Insurance isn’t just for when things go wrong. Some health insurance plans provide benefits in preventive and wellness services, not only emergency room care and hospitalization coverage.
Getting access to, and actually showing up for yearly doctors’ appointments can help catch any health problems early while they are still easy to treat. As a responsible adult, your health should be a priority, and making sure you have access to primary care should be on the top of your list. If you don’t have basic coverage yet, get on it!
Protection for People You Love
Let’s be honest, some insurance only comes into play after some major life event—either sickness, disability, or death. This kind of insurance makes sure that your loved ones are not negatively affected by these events.
If you are the head of the family or the principal breadwinner, having insurance means that your family is taken care of in case anything happens to you. They are given the time and options to figure out other streams of revenue without having to immediately worry about basic things such as having to relocate to a smaller home or having to take on stressful/menial jobs instead of going to school, just to cope with the sudden loss in family income.
It Is a Buffer for Life’s Curveballs
There’s nothing wrong with being prepared for the worst. Suddenly being diagnosed with an unforeseen illness can put a heavy strain on any family’s finances, depleting savings, and often putting the burden on other members to find other sources of income to cover for doctors’ fees and hospital bills.
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Changing the way people feel about insurance.