Disasters can happen at any time without us knowing the time and place. For that you should have insurance for protection. Insurance is much sought after because it can cover the damage that occurs to the assets we have. Some of the reasons it is important to have insurance include the following:
7 Important Reasons to Have Insurance
1. Helping the Effectiveness of Financial Planning
Those who have and do not have insurance must have their own strategy in financial planning. However, it will be more effective when the factors that will bring the risk of financial loss are minimized properly. One of them is through insurance.
2. Helping Manage Finances and Managing Risks
Although known as a hard-working and diligent generation, millennials (especially those who like traveling, ed) are not very good at managing finances. However, managing finances is very important. Including allocating emergency funds for health protection. Life insurance is the most appropriate insurance for this. Because this insurance will provide compensation in the form of sum assured (UP) if the insured dies. This money will be used for your family as a substitute for income, tuition or other.
3. Providing Protection to Your Loved Ones
By having insurance early on, even those closest to you will feel calm and can feel the benefits. The reason is, life insurance is protection given to people who are still alive upon the death of someone.
4. Insurance in Youth, Save on Premiums
When you have had insurance since you were young, it will make the premium cost much cheaper than when you have it when you are old. This is because your risk of falling ill or dying is also smaller than that of older people.
5. Reducing Financial Risk
Having insurance allows you to better manage your finances and can reduce financial risk in times of urgency. The reason is that when something bad happens, such as an accident or death, the family is not so burdened by the problem of costs.
6. Insurance is the main safety net.
Insurance is a life vest that can save you when an accident or something bad happens. This protection can help manage finances and become the main safeguard against the risk of financial loss.
7. Insurance to Realize Dreams in the Future
Insurance for millennials is very useful to help make dreams come true in the future. In addition to saving, having insurance will also help reduce medical costs when one day you fall sick.
