My Plan to Buy Term Insurance

mukund123 in #hive-167922 • 2 years ago

Hello friends,

I am doing good, and I hope that you are having a good time with your near and dear ones.

Believe it or not but our life has changed after the pend me and the lockdown that we have gone through 3 years back. If you think that we are back to normal, then I think you are mistaken because still things are not normal for us. Even now the number of covid infections is increasing and because of this many people are going through financial and health losses. We have been broken in terms of financial stability after the lockdown.

Insurance is one of the products that can help us to deal with some unpredictable situations in our life where some financial support can be provided by the insurance company. There are different types of insurance including health insurance Life insurance auto insurance and many others that I cannot name here because the list will be long. I have only life insurance with me as of now, but this is not enough now. I had taken this insurance 10 years back and at that time there was no thought to think about health insurance or the term insurance ever.

src

I am thinking to buy term insurance for myself because it can be a good insurance product that can help my family if something is not right. We cannot predict the future, and this is why taking insurance can be a good decision. Health insurance is also but my current financial situation is not allowing me to buy both at the same time. Even for the term insurance I need to arrange some funds and it will take a few months for me. Because I am thinking about it so hopefully, they will be a day in my budget that will be allowed by one plan which can protect me along with my family.

I am comparing some plans on the website to see which one is better I am should I go for the government company to buy the plan or private insurance companies can also be considered? I'll be sharing more about it once I shortlist some plans because I know it is not an easy thing that I can buy in a day. What are your thoughts and opinion about the term insurance and planning to buy?

Thank you

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2 years ago in #hive-167922 by mukund123

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readthisplease 2 years ago

insurance is great, unfortunately i live in a country where insurance is not taken seriously. from what i have read about insurance i will say its a good decision to make since life is extremely unpredictable.

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mukund123 2 years ago

You are right that life is extremely unpredictable and insurance can help us in case of emergency. Its time when we need to take it seriously. Thanks for your comment.

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