Benefits
of Insurance: Don't Be Late Registering
Talking
about insurance, in our mind must be pro and contra. In case, several groups
really avoid about insurance. Because their have opinion if insurance just
waste our money and we can't do claim with easier if we meet urgent trouble.
But, if we want to talk about insurance we have to describe the b dienefit of
insurance and how to claim.
In
this country, Indonesia. Such as AXA, Allianz, AIA and we don't forget about
state of our insurance, called BPJS. Most of insurance in Indonesia, their
offer so many benefit to gain customer and join with local bank to make easy
mandatory payment per month.
Benefit
Insurance to Individual and Groups
Here
the benefit of insurance by chase bassett that make you think twice:
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First, The obvious and most important from benefit of insurance is the payment
of losses. An insurance policy is a contract used
to indemnify individuals and groups for covered all losses.
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second, benefit of insurance is we can managing all cash flow
uncertainty. Insurance provides payment for covered all or few losses
when they occur. Therefore, the uncertainty of fees losses out
of pocket is significantly reduced.
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third, rare benefit of insurance is comply with legal requirement. Insurance
must be need contractual requirements as well as provides evidence of financial
resources.
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Fourth, benefit of insurance is risk control and promoting activity. Some
company Insurance policies are provide incentives to implement a loss
control program to customer,
because this is applies for premium user only who take all advantages from
insurance.
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fifth, benefit of insurance is make us become more efficient with join the
insurance. Because the Insurance makes it unnecessary to set aside a
large amount of money to pay for the financial consequences of the risk
exposures that can be insured. That's why this allows that money to be
used more efficiently and productive.
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Sixth, benefit of insurance is we can be the part of supporter for the insurance
credit. Because Insurance policy of facilitates loans to individuals and
groups by guaranteeing that the lender will be paid if the collateral for the
loan is destroyed or damaged by an insured event. This called compesation for use while joining insurance
that makes us more confident to use anything.
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seventh benefit of insurance is
provides all source of investment funds. Insurance company has
collect premium up front and invest those premiums in a variety of investment
vehicles, and pay claims if they occur. But we need follow the step to
make us easier while claim the insurance
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The last we can discuss about benefit of insurance is reducing social
burden. Insurance Company will helps reduce a few or all the burden of
uncompensated accident victims and the uncertainty of society. This is
very rare and out of our mind, we never think about that if insurance can
covered social burden also.
As a
risk advisor at Ellerbrock-Norris, Chase Bassett share his experience to make
us understand about the benefits of insurance.
The
point is when we want to start join Insurance, we have to clean our mind if
insurance not a scam, insurance is safe our financial problem in the future. An
example of benefit from insurance if we are in sick, we don't need to be worry
thinking about hospital fees, because we just need to claim the insurance with
all detail and all payment will covered by the insurance company.