Why do we need get to a life Insured Now?
Disclaimer: Please bear in mind that this article does not any way promote any insurance institution or company.
The topic "insurance" or getting an insurance isn't still that familiar to everybody probably because most of us has no interest in getting insurance or there are other reasons probably that leads most of us not to be insured and perhaps one of the reasons is the culture we have.
Some people say or believe that getting an insurance or making yourself insured is a way of planning about your death or they might say that you'll be having a short life because you're preparing yourself in case of uncertain events. Of course, these mentalities don’t have any scientific basis because these are just formulation of our minds trying to get some answers for those events that happens around us and we cannot do anything about that most specially if we do respect the culture and beliefs of the other. However, with further efforts specifically through educating those who have no idea about something then most probably their mentality will change and through time maybe they will accept the changes.
We are now in the modern world so we have to accept the concept of life insurance. Remember all of us will eventually die yet we don't know when, actually even doctors can't tell when will be our last breath and that is the very main reason why we need to get a life insurance. Getting insured doesn't necessarily mean that you're planning for your death actually you are just preparing your pockets and preparing the future of your own family.
Think about this, what if you die without insurance? the most probable effect of this is that your family will suffer financially remember the expenses in a funeral is expensive so without insurance where in the world will your relatives get money so that they can provide you a decent funeral.
What if you're the bread winner of the family but suddenly you're diagnosed with cancer and the treatment is so expensive, without being insured then you'll have a hard time finding source of income to fund your medication without mentioning where the hell will you get money to sustain your family's needs.
So enough thinking about the old superstitious belief that it's bad to talk about death where in fact we are considering our future. My personal point of view is that all people must be insured because we cannot predict the future so better yet prepare ourselves.
Who should get a life insurance?
As I've already mentioned in the above example, the bread winner of the family should be insured because he/she is the provider of the family without him/her then its doomsday. The breadwinner must insure him/herself so that it won't be hard for the family if anything happens to him/her. Actually, to cut the long run short all people should get a life insurance.
Please take note that we need to get an insurance in time when we still don't need it well basically you cannot get one if you currently need it already because remember you need to fund it from time to time yet I suggest not to treat it as an expense after all we are funding it so that we can use it in the near future. Life insurance is a form of risk management and not an expense because your funding it so that whatever happens that is yet unknown to you in the future it won't burden you so much isn't it?
What is the purpose of life insurance?
according to Bo Sanchez, "If Gods calls you home today, your kids won't go hungry" which is true, if we die now, we will have a peace of mind because we have already planned for our kids future. We don't have to worry that much because we are insured their education are insured and so on. Remember sometimes death arrives in the very unexpected time, that's why we should not waste time don't get insurance tomorrow get it now because we can't foresee the future.
Do we really need to get a life Insurance?
take note, whether you get an insurance or not, someone will pay during Accident, sickness and or disability, the only question is who will pay for it? remember we don't have any control about when an accident may occur, or when will we get ill or become disable. Let’s put it this way, I have savings so why do I need to get insurance? then ask yourself, are you willing to use your savings in order to cover your expenses if anything happens to you?, if yes how about your family? where you will get funds to support their needs? take note your savings is only limited and without insurance it will be hard for you.
Most of the time our mindset is our enemy specially in getting or having a life insurance, someone will surely say that getting a life insurance is expensive but technically and practically speaking getting ill without insurance is way more expensive.
Honestly I have witnessed one of my neighbor recently, their father died without being insured and it took them almost 2 weeks before they finally got funds in order to settle everything for the funeral and that is one of the bad side of not having insurance yet so far they made it.
Facts about Life insurance
Insurance is much expensive while you're getting older
not all are insurable most specifically those which has already pre-existing conditions
The best time to get insurance is when you still don't need it
I hope this article somehow helps you!
