As he grew older, married, have a family and then started running a business then it needs to have insurance more so urgent. In such conditions, the insurance is a fundamental part of a sound financial plan and long-term.
In addition, the need to have insurance are also more urgent when the various external threats, such as accidents. Naturally, we do not want to have an accident. But anyway it would be better if everything is prepared as possible.
In addition to preparing for the worst possible, of course there are several other reasons why you need insurance. Here are some of the reasons as quoted from the payoff, Wednesday (01/07/2014).
1. To protect the family and loved ones
For parents with children who are still small, it is important to immediately create a family insurance. Insurance is important if at any time your source of income was not sufficient for the needs of children, for example for education.
2. As a legacy
Insurance can also be a legacy for your children if one day you died. You can buy a life insurance policy and the children as beneficiaries. This is a great way to manage your finances in the future that the benefits will be felt by your child.
3. Pay bills and other expense
In addition to keeping financial stay safe in the future, the insurance can also be used to pay bills, such as mortgages, credit cards or car loans. Sure you do not want if a spouse, parent or child just left the bills that accumulate when you die, is not it?
4. Make a calm heart
Insurance can help provide protection and certainty in the uncertainty of life. Having insurance will bring you and your family on sobriety. Therefore, doubts in life that would not have been slowly reduced.
5. Other Financial Security
You do not just want to see your kids get a high-quality education, you also want to see more of it. You want to see the child remains financially secure even when they are married or when starting a business. This you can do to prepare ahead of time with insurance.
