4 types of insurances you must get right now!

by Samuel Charles SEO

Life is unexpected, one time it is omnipresent other time it vanishes. But like everything else in the world you must be prepared for everything unprepared. Insurance policies are the security which you or your family needs at the time of utmost need. You may be in a variety of problems where you would need monetary support. Imagine what position would your family be in if something was to ever happen to you. 

 

Types of insurance which you cannot live without

For most people, life insurance is the only type of policy that comes to their mind when they hear the word ‘insurance’. But in today’s world, general insurance is also equally important. Below are some of the insurances:

 

Health Insurance

It is a hard fact that only 10% of the total population of India have health insurance. It is the sad reality we live in. This general insurance should be made by every citizen of this country. Since hospital fees make people even sicker than the actual disease. You should have this policy for not only you., but your entire family. 

 

Motor Insurance

Motor insurance does not only cover cars; they also cover bike or any other vehicle. If you own a car, then you must get this insurance. It not only covers accidents, but stealth as well. Motor insurance also covers your vehicle if it is damaged by natural calamity or fire.

 

Home Insurance

If you are a homeowner, then you must know how much effort and hard-earned money it needs to buy or make a home. By getting this insurance, you will not only cover your home from damages by natural calamity or fire but also from stealth. It also covers burglary, flooding, etc. While buying a home, one should get insurance to be on the safe side.

 

Life Insurance

Last but not least, life insurance is the most crucial insurance among all the other policies. You have to get this insurance, especially if your family members are dependent on you. Now, life insurance has several categories, like whole life insurance, term insurance, endowment policy, etc.

 

The insurances mentioned above are the most common types of coverages that people all around the world get. Apart from these insurances, there are several other policies that are widely popular now.

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Created on Dec 30th 2019 00:47. Viewed 299 times.

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