2 Special Advantages of been insured

Nightmare

Verified member
Credits
$5.00330
As an individual you need to work towards the aim of being insured.

As a matter of fact you get a lot of things when you are insured.
Even most of the workers tends to get an insurance at least a minimum of two or three in order to sustain a quality and good life.

There are a lot of things you get when you are insured.
which includes;
1. A person who is insured will tend to experience have financial problems. for example a person who owns a life insurance would not encounter much financial problems, this is because life insurance covers 50% of your financial activities and therefore it will cause and have an effect on Your financial life positively.

2. Been insured also comes with the benefit and advantage of having a good credit scores. You might be wondering how owning an insurance can contribute to your Credit but nevertheless let you get it to know it today.
we agreed that owning an insurance would enable you to be free of financial problem. so in this case when you have less financial problems definitely you will also free of debts. in the sense that you won't go into much debts and do things which would cost you of your good credit score.
 

Mika

Verified member
Credits
$0.08870
A credit score is a score that tells about your financial health in terms of access to financial facilities. It is determined by your liabilities, especially financial liabilities. Since you will have to regularly pay your insurance premiums, insurance is also a liability, and when you pay your premiums on time, your credit score is improved. However, improving your credit score does not improve your financial health. It just tells whether you can access credit facilities or not and whether you can pay your liabilities or not. I don’t see improving credit score as a major benefit of buying an insurance policy, though. Financial coverage is more important.
 

Bisolami

Active member
Credits
$2.33175
As an individual you need to work towards the aim of being insured.

As a matter of fact you get a lot of things when you are insured.
Even most of the workers tends to get an insurance at least a minimum of two or three in order to sustain a quality and good life.

There are a lot of things you get when you are insured.
which includes;
1. A person who is insured will tend to experience have financial problems. for example a person who owns a life insurance would not encounter much financial problems, this is because life insurance covers 50% of your financial activities and therefore it will cause and have an effect on Your financial life positively.

2. Been insured also comes with the benefit and advantage of having a good credit scores. You might be wondering how owning an insurance can contribute to your Credit but nevertheless let you get it to know it today.
we agreed that owning an insurance would enable you to be free of financial problem. so in this case when you have less financial problems definitely you will also free of debts. in the sense that you won't go into much debts and do things which would cost you of your good credit score.
A lot of people disregard insurance policies which is not nice because at the end of the day we tend to realize that we all need insurance in one way or the other.
If you are insured it will put your mind at rest so that if anything comes by you will not have to start to borrow money from people to be able to cater to the responsibility of that particular thing.
It is good to insure your business, life, health and every other thing that can be insured so that insurance companies will be able to save you whenever you need them
 
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