November 13, 2018 Tuesday, 22:36 Hrs
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Home   Insurance   Why should you go for Insurance  
Why should you have insurance?

  • Assets can be destroyed by fire, flood, earth quake, etc. Insurance protects the assets.
  • Insurance covers the risk. A risk is the possibility of loss or damage, that may or may not happen. General insurance covers such contingencies that may happen.
  • If there were no uncertainties, there would be no need for insurance.
  • Life of a person is an income generating asset. In case of untimely death of the person, the family is protected by life insurance cover. For the post-retirement period, life insurance helps to ensures a lump sum payment or a regular income.
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