Why do I need insurance?

Unfortunately, the journey of life is not always smooth. Unexpected things may hinder our lives or prevent us from living every day to the fullest. For those expensive matters, You can Accept insurance to pay the money. Insurance allows you to focus on the most important things in your life because it can provide you and your family with financial protection in the event of an unfortunate accident. When you have to deal with heavy financial burdens, such as hospital expenses and medical expenses, insurance can help you deal with these expenses so that you can continue to follow your dreams.

 Insurance Helps Us:

 1. Medical insurance can help you pay your bills if you have any illness, accident, or disability.

 2. Income insurance pays your monthly salary when you are unable to work.

 3. Life insurance will take care of your loved one financially when you lose your ability to. Buying this type of insurance will ensure that they continue to enjoy a comfortable lifestyle with almost no worries.

 4. Education and retirement plans help you get what you think is important-whether it's sending your child to study abroad or living a comfortable life at retirement.

 5. Savings plans don't just help you accumulate savings, so your partner and child can be protected. These plans can also be used to achieve mid-to-long-term goals, such as housing improvement, advanced studies, or temporary non-work.

 You now know why you need insurance-here are some important suggestions:

 When should we start thinking about insurance?

 The sooner the better! When you get your first salary, it's a good time to start accumulating your medical and lifetime protection. Buying insurance early can give you peace of mind that you don't have to pay expensive premiums. Choose the policy and premium that suits your needs and budget, and then you can change the coverage level of your policy as your needs change.

 What insurance do you need?

 Take care of yourself and your family's health first, then look at life insurance that can protect your family's financial situation in the event of an unfortunate accident. Finally, you can consider choosing a policy that will you and your family's future savings.

 How much protection is enough?

 There are many medical, life, and savings plans on the market to meet any budget and need. When choosing the right product for you, the most important thing is to have a good financial situation and ensure that you save a portion of your money in order to cope with occasional needs or unexpected health crises. The amount of savings required varies from person to person, it is best to talk to a financial adviser and let them give you the best advice. Factors you should consider include your stage of life, your budget, and, to some extent, what you want to have in your life.

 What is the type of insurance we should consider?

 As you take your first step, you should start with personal health insurance to protect your most important needs. This includes accident insurance, as well as protection for medical, surgical, and other medical expenses.

 What should I do to protect the future of our family?

 Making sure your family has enough money for all the necessities is also a good way to protect them. These costs can include paying for your child's education, paying off a home loan, funding for emergencies, and taking care of dependents such as elderly parents.

 If I have a case of cancer, diabetes, or hypertension in our family, will I not be covered?

 With this family case, the insured person usually has to pay an additional premium that is 25-50% higher than the average policy. That's why you should buy insurance as early as possible-especially if you are still healthy.
Even if your family has such medical history, you still have a chance to be. In fact, additional premiums may be canceled. Don't hesitate to buy medical insurance now, because of your family history, any symptom may increase the premiums or completely disqualify you from coverage. After all, paying higher premiums is better than being completely unprotected when the disease strikes.

 What should I do if I cannot pay the premium due to financial or health issues?

 There are alternative insurance strategies to help you through this difficult time. One of them is to temporarily waive premiums or loans. Another option is to allow you to earn a fixed income every month when you are unable to work. Some education savings plans also include additional benefits, which are activated when the father or mother becomes ill or dies. This additional protection includes exempting the child insured from future premiums and ensure early payment of education fees.

 I am the financial backbone of my parents. Is there any insurance plan that will do it for me when I can't take care of my parents?

 Yes, there are several plans that allow to you list your parents as beneficiaries, and once you have something unexpected, your parents will get a one-time compensation. This compensation will take care of your parents' financial needs. You can also purchase a policy for them to subsidize expenses related to hospitalization, surgery, physical therapy, and even TCM treatment. These will pay monthly compensation or make a one-time compensation if the insured suffers a disability.

 Why should I spend my money on insurance, not on a high-yield time deposit or a child's education fund?

 Insurance is multifaceted and can take care of many different situations. In fact, time deposit accounts feel more secure because of high interest rates, but insurance savings plans can be tailored to pay a guaranteed amount when your child reaches various educational milestones, You don’t need to worry about rising costs. If anything goes wrong, you can rest assured that your family's financial situation is protected. 

 Having some bank deposits is a good start, but if you want your deposit to appreciate and increase your savings insurance is the best option it has a higher rate of return and better helps you cope with a difficult situation. Your needs depend on the stage of your life and insurance you the right to choose based on those needs. Whether you are a young single noble, must be responsible for your child, or are about to retire, insurance can you valuable benefits and peace of mind. 

 There are a variety of insurance plans on the market that provide conveniences, such as coverage, spending, and long-term wealth accumulation-all can help you get financial protection when you can afford it. You now have a deeper understanding of what insurance is and how you can benefit from it, talk to your distribution agent and learn more about the insurance policy that fits your needs.