Handy Stresses The Importance Of Insurance

By: SMITH THOMPSON

Introduction

In today’s society, it is important that everyone has insurance. This goes for companies like Handy all the way the way to the everyday citizen. Now, keep in mind, you don’t have to have insurance for everything in your life. If you didn’t know, it is possible to get insurance for almost anything you can think of in life. Some celebrities have an insurance policy for their legs, butts, voice, teeth, etc. Seriously, if you can imagine it, you can get an insurance policy for it. However, you don’t need all that. There are some insurance policies worth having though.

Important Insurance to Carry

As we said above, it is important to have insurance for certain things. In the list below we are going to cover the major types of insurance that you should have to rest easy knowing everything is taken care of.

  1. Health Insurance – With the ever-rising cost of medical bills, you could seriously be in a world of trouble if you did not have insurance to cover you. Not only will this reduce the out of pocket money that you have to spend, but the company is also able to negotiate on your behalf. When it comes to health, we really cannot bargain with a hospital for the price of the procedure or a doctor with the price of the prescription. The reason for this is, if it is something that will save our life or make our life easier, there is no reasoning with yourself. You will do whatever it takes or pay whatever the cost and this can be detrimental to your financial security. Holding an insurance policy is the only way to go.
  2. Life Insurance – If having health insurance is important, then having a life insurance policy is mandatory. We all know that we are not getting out of life alive. At some point, we will all die. When that time comes, you want to make certain that your family and your arrangements are taken care of. Having a life insurance policy will give you peace of mind knowing that all that will be taken care of. Your loved ones will have enough to worry about once you are gone, why add the stress of having to pay a lot of extra bills on top of that.
  3. Property Insurance – Unless you are rich, this is an insurance policy that you will not have a choice but to have. The reason is that you will likely have to borrow money from the bank in order to purchase the house. Well, they are going to want to make certain that asset is covered in the case of a disaster (natural or otherwise). It also makes sense to have it even after you have paid off the house, for the same reason that the bank requires it. We never know day to day what is going to happen to our property. It would be nice to not have to worry about it.

Conclusion

Handy hopes that you consider the list above and get the insurance that you need in life. We did leave out Auto Insurance as most states require that just to be able to drive a vehicle. Just know, if you are living in a state that does not require it, that too is worth picking up.

HS – February 6th (S)

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