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Do young businessman like me needs an insurance?
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[QUOTE="behappie, post: 1001, member: 57"] I suppose you are a young adult, if then you are, I am glad to let you know that uncertainty has no respect for age. The obvious and most important benefit of insurance is the payment of losses. An insurance policy is a contract used to indemnify individuals and organizations for covered losses. Insurance provides payment for covered losses when they occur. Therefore, the uncertainty of paying for losses out-of-pocket is reduced significantly. Insurance meets statutory and contractual requirements as well as provides evidence of financial resources. Insurance policies provide incentives to implement a loss control program because of policy requirements and premium savings incentives. Insurance makes it unnecessary to set aside a large amount of money to pay for the financial consequences of the risk exposures that can be insured. This allows that money to be used more efficiently. Insurance helps reduce the burden of uncompensated accident victims and the uncertainty of society. [/QUOTE]
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Do young businessman like me needs an insurance?
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