Why Insurance Is Important For Our Life?-snowyduck

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Insurance is important for our life because it protects a person from big financial loses or big financial responsibilities due to unfortunate emergencies and unwanted situation like accidents.

Insurance Is Important For Our Life

What type of insurance do we really need?

• Health insurance.
• Disability insurance.
• Home owner’s or renter’s insurance.
• Auto insurance.
• Life insurance.
• Pet insurance.
• Whole Life insurance.
• Travel insurance.

Almost for everything we can get insurance but we have to follow company’s terms and conditions.

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We have list of leading insurance companies in India.

• Life insurance Corporation of India
• Tata AIG General insurance
• Bajaj Allianz General insurance
• New India Assurance
• ICICI Prudential Life insurance
• IFFCO TOKIO General insurance
• ICICI Lombard General insurance
• Oriental insurance
• Birla Sun Life insurance
• HDFC Standard Life insurance

We have some reasons why insurance is so important.

1. We never know-
   Accident death,Sudden death because of natural causes can happen any time.
2. Protect those you love.
   In our life, We work hard to make sure whom you love are taken care of. It is important for us to secure them.
3. Death shouldn’t mean dept.
   Life insurance can help us to cover any financial responsibilities that are left after our death.
4. Anything can happen.
   If you have a serious illness you may not get life insurance to the extent you need it or may not get at all.
5. Take care of business.
   Life insurance also protects business from financial loss or in case of death of a business partner or owner.
6. Supplement your retirement.
   Can use life insurance to make sure your retirement savings lasts as long as you want.
7. It makes financial sense.
   It helps to increase your credit and helps you to get a loan or health insurance.
8. Peace of mind,plain and simple.
   No money can ever replace a person. Life insurance can help provide protection for the uncertainties in life.

So now which insurance you are going to buy. It will be helpful for your family. Keep these points in your mid.

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