Wednesday, August 1, 2012

Is insurance necessary?

Insurance can be complex to understand, but it’s a necessary part of life. In most states, you can’t drive a car without an insurance policy. When you buy a house, you want to protect your biggest investment from unforeseen circumstances such as flood, fire, burglary or storm, so home insurance is important. When you get sick, you want to get timely medical care with less financial burden for medical bills. Some people would even get no exam life insurance policies, to make sure their loved ones will be taken care of in the event of death or permanent disability. While one may hate paying the monthly premiums, insurance is a necessary evil which the pros outweigh the cons.

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