We often hear people ask: “Do I need Insurance?” Almost everyone doubts to get one. Why? Because of the fast-spreading scams and frauds that pretend to be a legal insurance company but does nothing but steal your money and swindle your bank accounts. But let’s go back to the topic. Do we really need insurance? The answer is, of course, yes! We need this in almost every aspect of our lives. Whenever we drive a car, we need car insurance. We need insurance to protect both our lives and our family’s. Also, some of our possessions need also to be insured. One of the most important types of insurance is the Life Insurance. There are many reasons why we should get one. I have listed some of the main reasons below.
1st – Life in the world is getting tougher and tougher each day. You begin to worry about almost everything including the food that you’ll eat. Even if death comes upon you, worries will never stop bother your family because even a common burial costs a lot of money. And even if you don’t have a family, you don’t want people to just dump your body in the ocean.
2nd – You’re family will never be burdened with financial problems. Expenses such as mortgage payments and vehicle payments, among others, will continue long after you’ve drawn your last breath. Your family will still feel your support even though you’re long gone.
3rd – Because of your parents’ old age, they cannot work anymore to earn money and their pensions are not enough to support their lives. That’s why you struggle and earn a living for them. You provide them with not only the basic needs but also some of the things that we consider luxury. But what if you die today? You do not want seeing your parents struggle in the remaining days of their lives right? Having your parents named as beneficiaries under a life insurance policy could provide them the things that they would need in the future.
4th – You are the one taking care of the education of your children. Because of your desire to let your children achieve their dreams you send them to a good school though it has a very high tuition fee. But what if you can no longer pay the bills of your children’s education because of your death? Being insured in a life insurance not only takes care of your burial and household, it also provides future educational expenses for your children. Therefore, though you do no longer exist, your children are assured upon having the best education that they will need.
Of course these are not only the reasons why you should be insured. There are many more reasons depending upon your status in life and capabilities. His reason may differ from your reason but whatever that is, it is still for your benefit and of course your loved ones too.