General insurance Can you mention that one priority reason why you love insurance?

Insurance has lots of benefits it brings to individuals who seek their premium policy plan. Without insurance more souls could've suffered depression that leads to mental disorder due to costly losses. But insurance have come in to stand as a business entity to serve in a capacity of securing the property, and others when losses are encountered.


I love insurance for many reasons, the benefit they bring to those who choose their premium policy is enormous. The one priority reason which made me to consider them for the future, is the benefit of getting back my property when unbeknownst damages occurs, destroying my fine building when I opt in for a property or homeovers insurance policy.

What is the priority reason why you considered insurance?

The main reason why I love insurance is that it mitigates against risk. Life is full of risk because life itself is risk. The only thing we need to be doing is that we need to be reducing the risk. And insurance is there for me to reduce the chance of the risk.

The true importance of insurance or insurance policies cannot be over emphasized as it has a great benefit and advantage to people who are able or willing to purchase this insurance plan. I would say that insurance is like a bedrock or foundation where you can rely on to bounce back In times of unfortunate happenings or Crises, good insurance companies gives you a suitable shoulder to rely on when the need a rises.

btaliat said:

The main reason why I love insurance is that it mitigates against risk. Life is full of risk because life itself is risk. The only thing we need to be doing is that we need to be reducing the risk. And insurance is there for me to reduce the chance of the risk.

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Sure, life is full of risk, and we don't have to feel safe because we aren't affected at the meantime and neglect insurance coverages. It serves a great purpose in the future, cos surely nothing last forever when it comes to man's happiness. That's why we need to safeguard our life, property through insurance.

of course many people love insurance because it has a lot of benefits especially when you have properties that you need to protect a case of future damages or losses. Life insurance is also very important because it will help your property to be protected especially if there is a demise or other circumstances.

Chibson said:

of course many people love insurance because it has a lot of benefits especially when you have properties that you need to protect a case of future damages or losses. Life insurance is also very important because it will help your property to be protected especially if there is a demise or other circumstances.

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The benefits are well vast, it isn't a secret to what they claim. We know majority of people got benefits when challenges pushed them hard unexpectedly. Securing our assets, life via insurance is one of the best future investment we can ever imagine. The benefits comes in bounty and care for the needs even when we aren't financial stable at that time.

I think one certain reason I love insurance company is the risk you are able to cover for any thing you are ready to insure against and you get protection for it too , , also it reduces the burden placed on you replacing the property you have insured too ,

To be honest, I am not a fan of insurance but still yet I can’t dispute the fact that it has benefits as well. If you have bought one. It gives coverage for losses. For example, buying a liability insurance gives the client a confidence that the insurer will cover the damages made by him or her.

I like the way they help to idemnify their clients when the need arises. The truth is that life happens to anyone irrespective of how we want to help ourselves. Nothing is ever static so insurance is there to cushion the effect of whatever damages or losses one might be experiencing.

Mandy96 said:

To be honest, I am not a fan of insurance but still yet I can’t dispute the fact that it has benefits as well. If you have bought one. It gives coverage for losses. For example, buying a liability insurance gives the client a confidence that the insurer will cover the damages made by him or her.

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Both crypto and insurance investment are simply benefiting in the future. Those are the kind of investment one can go into having confidence that the future is bright, they have their respective benefits which they offer. Crypto maybe more riskier but it's worth it when you have knowledge about crypto.

Though I love insurance because of its motive t be indemnify some risks but some times I do see insurance policy as a scam because all the risks they try to indemnify can still be protected. For instance, someone can buy fire extinguisher to prevent fire insurance and eat food food to prevent health insurance.