Friday, September 27, 2013
Do you believe in insurance?
Sometimes I wonder is buying insurance really necessary. It seems that one have to suffer (be it sickness or accidents) before one can make claims and for some people they don't believe in insurance, they would rather save the money in their bank for their own future. It also seems that insurance is useless for a single person without any children. I think most people buy insurance for the peace of mind, in case anything happens. But certain people buy insurance as a form of savings too and protection for themselves and their family. Some insurance companies don't pay in full if you terminate your insurance policy halfway. I think there are two sides of a coin in this issue whether insurance is useful or not, there are pros and there are cons too. What are your views on this? Do share with me, I would love to hear from you.