Why Insurance is Important?

Why Insurance is Important?

Purchasing insurance allows you to be prepared for any emergency. This is how we protect ourselves and our families.

There are situations that we do not expect such as an accident, theft, illness, or natural disaster that can cause damage to our assets and ourselves. These are unforeseen scenarios that can affect our budget and the well-being of our family. In this context, it is important to have insurance, as it will help us reduce the negative impact of a possible mishap. 

Insurance guarantees economic protection against any eventuality that may happen to a person, home, car, bank accounts, or other valuable assets. In this contract, known as a policy, the insured meets a periodic payment called a premium and the insurance company agrees to indemnify or grant capital to cover the damage caused by an incident. 

Jorge Carrillo, professor at Pacífico Business School, suggested that those who do not have insurance understand its importance and become aware that no one is untouchable. We can all get seriously ill, be robbed, have an accident, or leave our loved ones unprotected. 

“For those cases, there are special products such as insurance, which can help us. Some people maintain that they do save money for contingencies, and that is why they save. And it is good to save, but for certain specific needs, insurance is the best solution”, he pointed out. 

There are many types of insurance on the market depending on the need we have for life, health, vehicle, cards, travel, among others. All of these products are important to protect our loved ones, our belongings, and our money. Also, in the following graph, we show other reasons why it is important to have insurance:

Jorge recommends taking out insurance that fits the lifestyle of each person or family. Therefore, it is essential to recognize the budget we have for this product and know that we are capable of maintaining it over time. 

Although in recent years more and more of us have purchased insurance, more people still need to become aware of its relevance. “Insurance allows you to be prepared and have support,” said the professor at Pacífico Business School. 

Buying insurance should not be seen as an expense. On the contrary, it is an investment that will bring you many benefits and give you and your family peace of mind.

Purchasing insurance allows you to be prepared for any emergency. This is how we protect ourselves and our families.

There are situations that we do not expect such as an accident, theft, illness, or natural disaster that can cause damage to our assets and ourselves. These are unforeseen scenarios that can affect our budget and the well-being of our family. In this context, it is important to have insurance, as it will help us reduce the negative impact of a possible mishap. 

Insurance guarantees economic protection against any eventuality that may happen to a person, home, car, bank accounts, or other valuable assets. In this contract, known as a policy, the insured meets a periodic payment called a premium and the insurance company agrees to indemnify or grant capital to cover the damage caused by an incident. 

Jorge Carrillo, professor at Pacífico Business School, suggested that those who do not have insurance understand its importance and become aware that no one is untouchable. We can all get seriously ill, be robbed, have an accident, or leave our loved ones unprotected. 

“For those cases, there are special products such as insurance, which can help us. Some people maintain that they do save money for contingencies, and that is why they save. And it is good to save, but for certain specific needs, insurance is the best solution”, he pointed out. 

There are many types of insurance on the market depending on the need we have for life, health, vehicle, cards, travel, among others. All of these products are important to protect our loved ones, our belongings, and our money. Also, in the following graph, we show other reasons why it is important to have insurance:

Jorge recommends taking out insurance that fits the lifestyle of each person or family. Therefore, it is essential to recognize the budget we have for this product and know that we are capable of maintaining it over time. 

Although in recent years more and more of us have purchased insurance, more people still need to become aware of its relevance. “Insurance allows you to be prepared and have support,” said the professor at Pacífico Business School. 

Buying insurance should not be seen as an expense. On the contrary, it is an investment that will bring you many benefits and give you and your family peace of mind.

By Master James

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.