How Important is Life Insurance? Is it a Necessity?
March 5, 2013 9:14am CST
There are companies that deduct insurance payment automatically from their salary. I work from home so I have to pay my taxes, HMO, etc myself. Someone called me and offered me to have a life insurance. I'm not married yet and I don't have kids. I asked my sister about it and she advised me to get one. If not a life insurance, some insurance once I get old or Health Insurance. So, how important is insurance? Is insurance a necessity?
2 people like this
6 Mar 13
Is this a life insurance? get one and... will you marry me? LOL. Naaah I don't think you should get one if you are not intending to marry and have kids. Who will be your beneficiary, if you die? LOL. Get something like memorial insurance so that when you die, you will have someone to take care of you and you will not be a burden to your sister.
6 Mar 13
I am single and no kid yet but i get life insurance also, i think it is good if we get it in case we get sick or need money later. Currently i have 3 types of insurances: for going to hospital, for retirement, and life insurance. Depend on your income, you can decide how much do you use for life insurance. Best wish for you!!!
5 Mar 13
i spent a lot of money to insurance premiums in the past years. just to realized one day that all of them had lapsed. but when 7 years had passed, i secure three of them again. i realized how important that could be most specially nowadays that i have kids. this is not just a necessity as we may call it...it is primordial. if you love your family, make them secured.
22 Apr 13
Thanks for this discussion, health insurance, general life insurance is a must, you don't know what will happen when, more over now you are young, earning you can pay the premiums, choose a long plan of say 30 years, as you keep paying health insurance but there is no claim your premium becomes less.