Business Insurance Insurance is also an element in Financial Planning

raaman

Valued Contributor
Did you know that financial planning is not only about saving money or investing money in stocks, mutual funds, and so on? Insurance is also an important element in financial planning. The reason is, insurance is a protection against risks that may occur.

For those of you who are still looking for the right insurance, see the information of insurance criteria that are suitable for young people. No one expects illness or harm. But having an umbrella before it rains is a wise choice.

No exception for those who are still young. Awareness of the importance of insurance must be known. Apart from being important, starting to have insurance at a young age also provides an opportunity to get lower premium costs.
 

Chibson

VIP Contributor
Insurance is very important for anyone to protect his goods, services and properties.over the years a lot of insurance company has emerged and many people are looking for the ones that best suits them. The numerous advantages of insurance companies cannot be overestimated because they have helped people in numerous ways over the years.
 

btaliat

VIP Contributor
Importance of insurance can not be exhausted. Many people don't even know its importance and they don't really take it serious. There are many people that have lost everything on their business due to fire hazard or accident just because they fail to insure their businesses against any unforseen occurrence.
 

Mandy96

Valued Contributor
Well partially I agree to this that it is one of the major part of financial planning because we can also term it to be an investment. Paying the premium alone explains it all because for you to be making the payment at due time, it means you are also expecting some back from the insurer
 

Wisdom01

Valued Contributor
This is one of the advantage of insurance and this is mostly common on life insurance policy as you would be able to save your money on both short and long term basis and recieve the benefit at the stipulated period ,is also part of the way of financial planning too
 

Phabbyfundz

Active member
I would to state clearly that the importance of insurance policy and insurance companies are so numerous and it touches and positively affect every aspect of our human existence. It is professionally advisable for anyone who wants to be financially successful and have the best possible life to purchase insurance policy.
 

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