General insurance Who needs insurance policies

[Phabbyfundz]

This has been a bone of contention for some as people often refer to insurance policies as a thing left only for the rich and the high class people. And this is not actually wrong in a sense, but I believe if you still think of insurance in this light I think it is because of lack of good information and ignorance.
Insurance is not a thing for only the rich but also for people who want to have a secured future or a good foundation to fall back on in times of crises ,this even implies to petty trader or even small business owners .
The importance of insurance plans or insurance policies cut across every sphere of life and its importance cannot be overestimated and everyone should at least have an insurance plan to them selves.

 

[Chibson]

definitely many people think that insurance is only for the rich people who have a lot of properties and wealth to protect but this is not the whole truth. poor people also have the opportunity to ensure their properties in case of any further losses. If you have a house you can insure it.

 

[btaliat]

Insurance is for everybody, regardless of status, whether poor or rich and regardless of age, whether young or old. But not everybody should go for insurance policies. There are some risks that we can cover for ourselves rather than asking some companies to cover those risks for us for premium.

 

[Mandy96]

Insurance policies is needed by people who requests for it. Different persons with different lifestyles and issues. Some plans that might sound stupid to you is what some people need to complete their life. It can’t really be said who is interested or who is not. Everyone’s decision should be respect

 

[btaliat]

While going for insurance policy, there is need to know the package that best suits what we want to go for. That's why I can still say, insurance is not for everybody but only the people that needs it. If your area of specialisation doesn't posses threat to you, then there is no need for insurance.