No one knows what will happen in the future.

As the article before insurance planning tips insurance planning tips this time will talk about how mysterious is your future, mine and all creatures future on earth.

Check this out, there was one friend of my brother who will continue the study in overseas. He prepared well. The physical preparation, administration, learning the local culture, language, etc. Everything looks good and smooth, until one day near the day of departure, the father of this friend died of road accidents. Of course, this news strikes the family and close friends.

All the preparation and detail to continue the study overseas seemed pointless people because the bad news.Maybe you've heard the same story.... I really do not hope this is your own experience even though we all knew that all life would end. The consequences is the economic impact arising from the spine families can not slaving for a living.

Life Insurance What For

Howdy,

After understanding the concept of insurance in the previous post (it is advisable to read them first before proceeding to the article - another article), now I will share examples of cases that occurred in my area. There was one case when I became an insurance agent in the company Manulife - canada. There is one potential customer (let's call Mr. X) who wanted to open a new business that requires large capital (about 1 billion dollars) by time of about 10-year loan, with the courage she borrowed capital and certify homes as collateral to the Bank of loan.

Mr conducted. X is represented most people when they need fresh funds and in a fairly large amount. There's nothing wrong with Mr actions. X, but it is vulnerable to a head of household to bet the house as collateral for loans from the Bank.

As in the concept of insurance (diartikel before), everyone is always going to face the risks. Imagine if Mr. X must face the risk of permanent disability or even death before all his debts paid off. Automatically it will force the Bank to conduct a debt-laundering measures in a way that took the house used as collateral. What about the fate of families who have to bear the financial losses large enough?

The Insurance Concept

Howdy,

Along with the development of the insurance world have also various kinds of insurance concepts from various perspectives. So many people understanding about insurance still less and create antipathy toward all things relating to insurance.

Here is the true concept of insurance. Humans always risks faced in his life. Risks that could come form of disability, accident or the worst is death. Because of these risks will certainly come, then all the risk above is unavoidable. The only way his highly recommended is to shift the risk to the third. Any risk would have led to material losses or economics. Once the heavy work we do to save money and strengthen the family economy, of course we do not want to be a messy family economy just because one of the above risks occur?