Can You Afford to be WITHOUT Insurance?
When we think of protection and financial security, the first thing that comes to mind is insurance.
What is Insurance?
Insurance is an agreement between a provider and an insured individual or group of individuals contained in a policy defining coverage of which the provider services to satisfy the needs of the insured.
Why Do We Purchase Insurance?
Consumers subscribe to an insurance coverage for protection of so many things especially during times of unexpected events. Insurance cushions the blows of other wise sudden, unpleasant circumstances that may occur in an insured’s life to alleviate the crisis. It gives financial support to families who may have been stricken with the burden of death or serious illness.
What Can Insurance Offer to Support Consumer Needs?
an insurance gives financial support when something unexpected happens
protection
security
peace of mind
eases the financial burden of the family that is left behind after sudden death
serves as a continuing factor in keeping the insured covered medically
ensures compensation to the individual for lost or stolen properties
protects insured for life or for a period of time