We cannot keep ourselves free from various risks that may occur, so insurance plays an important role in our lives. At least take out insurance as a preventive measure, so that you and your finances remain safe.
However, currently there are many products and types of insurance on offer. In fact, quite a few new insurance companies have emerged. So it makes us confused about choosing the appropriate insurance product.
So that you don't get confused any more, it's best to first identify the insurance itself. You also have to adjust it to your needs, don't choose an insurance product without careful consideration.
A Glimpse into Insurance
Insurance is a risk that might happen to us and is transferred to the risk bearer, namely the insurance company. The risk transfer process involves paying a premium to the insurance company, so thatno misunderstandings occur.
Furthermore, if the risk actually occurs, we will get insurance money from the insurance company according to the amount of money stated in the agreement in the insurance policy.
The insurance policy contains an agreement between both parties when the insured is within the insurance cover period or during the insurance tenor. The insured must carry the policy when submitting an insurance claim.
The insured must really understand the provisions regarding insurance products. So you must really understand the provisions and statements in the insurance policy. So that there are no misunderstandings
That's why it's best to choose insurance that suits your needs. Because everyone has different needs. For example, A choosing education insurance is not necessarily suitable for B because he doesn't have children.
You also need to know in advance the types of insurance that currently exist. Here are several types of insurance that you should know before choosing:
- Education insurance
- Life insurance
- Vehicle insurance
- Chronic disease insurance
- Home insurance
- Accident insurance
- Dengue fever and typhus insurance
- Hajj and Umrah travel insurance
These are all types of insurance currently available in financial and banking institutions. Considering that insurance is related to finances, you should not be careless in choosing it. To use insurance wisely and according to your needs.
Tips for choosing insurance that suits your needs
Insurance consists of several types as previously explained. However, not all insurance is suitable for you. Even though all types of insurance have the same essence, namely protection, it must be in accordance with your preferences.
Basically there is no problem even if you want to take part in all types of insurance. However, what you have to consider is the finances because you have to pay premiums every month.
Therefore, if you are still confused about choosing the right type of insurance. We recommend that you follow the tips that will be explained below:
- Self-Evaluation, Finances, Fun and Activities
The first thing you have to do if you want to choose the type of insurance that suits your needs is evaluate yourself. How old are you? How many children do you have? How much do you earn per month?
This evaluation can be used as a reference for choosing the appropriate type of insurance. Next, you can also consult with the nearest insurance agent in your city. - Recognize Future Needs
Still related to the previous point, do you have dreams in the future of getting married if you are currently single? Or you could also plan to buy a new vehicle.
This is worth considering because every dream can come true if there are enough funds. So careful and wise financial planning must be done from an early age. One way is with insurance. - Get to Know The History of The Disease You are Suffering From
This point is important when you choose the type of health insurance or life insurance. Especially if you want to choose a type of chronic disease insurance.
Chronic disease insurance should be chosen for those of you who have a history of chronic diseases, for example cancer. This type of disease will require large funds if you do not plan your finances carefully. - Study your Parents' Life History
Remember the saying, experience is the best teacher, so choosing the type of insurance should also be based on parents' experience. Moreover, learn how parents manage their finances.
This can also be used as material for your consideration in choosing the type of insurance from the perspective of your parents' experience. So that our financial planning is more mature and we can choose the right type of insurance. - Decide Carefully When to Start Insurance
When you want to choose insurance, you must carefully decide the date and time when to take out insurance. Make sure you have sufficient finances to pay premiums, including in the future.
Because quite a few insurance customers do not continue to pay premiums in the middle of the term due to financial conditions. So often premiums that have been paid in the previous month are simply forfeited.
Likewise with insurance benefits, customers will not get them if they do not pay premiums in a row. So the insurance money will be forfeited.
Conclusion
After reading the description above, it can be concluded that choosing a particular type of insurance must be based on careful consideration. So that we can maximize insurance benefits.
That's why it's important to read this article because there are many benefits and advantages you can get regarding insurance.
Especially for those of you who are still new to insurance, this information is very important to know. So that you understand that there are many benefits we can get from the insurance we choose, namely
- You can choose insurance products according to your needs to get maximum use from them.
- You can manage your finances wisely
- You can choose an insurance product that is effective and efficient.
- No longer confused about choosing the type of insurance
- Insurance can help you plan your finances appropriately.
Many people choose this type of insurance haphazardly and do not consider it well. So the insurance that is followed does not work effectively.
