It’s better to join life insurance before we are getting old because we never know what will happen in tomorrow. Life insurance plays a role to help us cover costs in the event of things that are not planned in the future such as accidents and even to death. Usually to follow this program, we have to pay premiums every month, the amount of premium we pay vary widely depending on the insurance program that we follow. Insurance program usually has a certain period, there is called life insurance futures and there is also life insurance life. Term life insurance usually gives certain time such as five years, 10 years, and 15 years and so on. There is a certain minimum time limit for the money we can take back. Life insurance will protect you for the rest of your life but usually the insurance company is willing to cover you for 100 years. But usually this lifetime type has a premium that is greater than term insurance, even the amount to be paid can be doubled (depending on the insurance company). Maybe based on the previous explanation you are still unsure about this insurance program. Why join? Why we need life insurance? Here below you will get more information about the benefits of insurance.
1. As Protection for Loss of Income for Families
No one knows what will happen tomorrow, including you. To anticipate your chances of getting caught and leaving your family for life forever, you need to buy a life insurance policy so your family can get the sum assured to live after you leave.
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2. As Protection of the Risks of Death Due to the Causes of Major Causes of Death
Based on a survey conducted by the World Health Organization (WHO) in 2002, 10 major causes of death in Indonesia are coronary heart disease, tuberculosis, vascular abnormalities, respiratory diseases, newborn disease, lung disease, traffic accidents, diabetes, blood High, and diarrhea. These diseases are quite common, so it is important for you to have protection against the risk of contracting those diseases and dying.
3. One of the ways of saving or preparing for retirement
Saving in life insurance is the best alternative choice for your long-term needs due to the nature of regular, obligatory, and non-toxic payment of premiums.
Based on the above explanation now you already know what is the life insurance and the benefits of joining insurance obtained if we set aside money every month to follow the program. You also have to know the types of insurance that exist, namely term insurance and whole life insurance. Besides, you get protection if something happens to you in the future, you have anticipated by following this insurance. However, whatever insurance company you choose later to invest your money, choose a trusted company. You should be careful and should look for a large insurance company and can be a mainstay so you do not be fooled. Because today there are many fraudulent modes on behalf of insurance and many small insurers are bankrupt so that if you invest your money that possibility will not come back to you.
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