Insure now or repent later
Life can take a complete turn on us. How many times have we received mail of a person who seeks money because her family met with an accident and all of them are hospitalized and she does not have the money for the treatment or taking care of them. If only they had taken an insurance, it would have been a relief for the person surviving to take care of the rest of them.
Insurance is such a powerful tool of crisis management that it should be made mandatory. We will definitely not be able to make up for the loss of our loved one but there is always responsibilities that are over us to take care of ourselves and our loved ones. Insurance amount can be a boon for us at that time. That is why the government gives tax rebates on certain insurance policies.
Not only for human beings, insurance can also be taken for vehicles such as HVG insurance, for property like house, commercial properties etc, for expensive articles and much more. For a small premium that we pay as charges for the insurance, we might benefit multiple times, at the time of need. Insurance can spare us the tension of money spent unexpectedly.
