Never postpone Insurance – risky
People postpone insurance and buy unwanted things. They purposely delay the Life Insurance because they don’t see any immediate returns.
Here are some points for delaying the insurance* :
Many of my friends and relatives still do not have adequate health or life cover. When I ask them to take it, they somehow postpone it forever. I wonder why they do that!
There are many reasons for delaying insurance.
Enough Wealth
Rich people think they don’t want insurance. Most of the time, the wealth invested in the Business or invested across all other investments may not be in a position to redeem or get back so easily.
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Employees think that their company has given Health and Life Insurance coverage, so no further spending on Insurance is required. Most Companies provide health benefits because of compulsion.
The Insurance coverage is most of the time very less, does not cover the whole family, parents are not covered.
Time is gone
Some think they are old and insurance is not needed now. There is no age to buy Insurance, the only required is you should have good health for a good premium. If you are not healthy, then the premium would increase.
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* received in WhatsApp message