The importance of personal accident insurance coverage?
By Andrew O
@creationhub (3066)
Malaysia
February 23, 2007 7:42pm CST
I have been working for the last 30 years. God's hand must have been on my life that I have not gotten into any serious mishaps.
It is important that all of us, no matter what profession, should own a personal accident insurance coverage. Some of the benefits include hospitalisation, surgical, etc. With the rising cost of such fees, it is better to have an insurance cover.
Besides, a PA is much cheaper than having to buy a life insurance which may not cover such fees.
What is your view on this issue?
1 person likes this
2 responses
@tigerdragon (4297)
• Philippines
24 Feb 07
i believe in securities but not life insurances because from my experiences from my families that it is SOOOO hard to get your money back for use , they ask a lot of questions and investigation. i hate these people, it it your money that you are getting and they do not want to give it to you.i would rather save or invest my money somewhere else where i can withdraw and use it for anything that i want. a medical insurance is one that i believe gives you the real benefit because i have used it already.an accident issurance will do but i still believe that saving your money personally is the best. you just have to be disciplined on not using it for anythng else but if you do ,pay yourself back with interest
1 person likes this
@jeanpri (269)
• Malaysia
24 Feb 07
Your discussion makes sense to me. I have a personal accident coverage but I feel it is not adequate enough. I plan to upgrade it so that any medical charges will be paid for by the insurance. Good post.
