If you are still confuse, whether or not to take life insurance product, then reading this article in full will help you decide. In today’s era, insurance products are getting more developed. By looking at the trend of life insurance products which are being offered separately, it is shown that most people are likely to buy the separated life insurance product. It is because buying an insurance product is the first step in preventing financial risks that may come at anytime in the future. In fact, buying an insurance product is a must since it can really help you to reduce the loss of unpleasant things that may occur anytime. Preparing your finance through owning an insurance product indeed can help you to fix your finance by receiving the total sum insured from the insurance itself. Nowadays, it truly plays a significant role that can help you to prepare your future financial plan. However, there are many people out there who still doubt to buy an insurance product. The reasons are vary. One of the common reasons why people are still doubt to buy it is due to the less importance of its role towards their life’s needs. In fact, it plays a significant role, preparing your future financial plan in particular. There are also many people who just realize how important it is to have a life insurance after they suffer from problem in the future. It is a mistake that often happens among the citizen. It indeed has its own plusses and minuses. However, the choice is yours:
a. The lack of life insurance
- A one time money claim
It is one of the reasons why people are not interested to buy life insurance. Besides, the high premium cost that needs to be paid and the money that can only be taken once in a lifetime are considered as the reasons why people are more likely to buy a separated insurance product.
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-an unclear information of the investation
An unclear information before they finally the life insurance make people think twice to use. Thus, it is important to know the details about insurance that fits your needs and want.
b. The advantages of life insurance
- The premium cost that can be paid monthly or yearly.
The premium cost that they need to buy life insurance product may be a little higher than others. However, you can choose buying the premium cost per month or up to a year
If your financial is not yet settled, then you can also take a cheap premium cost.
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c. Anticipate sudden risk
Nowadays, company is mostly likely offer an insurance to their employee. This thing that makes other people think that if there is a life insurance provided by the company they work, then what is the point of having another insurance? in fact, we, people, are not know when the risk is coming and how important it is to have a life insurance.
