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Showing posts from November, 2022

Life Insurance Sales: Bridging Financial Security and Peace of Mind

  Life Insurance Sales The Importance of Life Insurance Sales in Today’s World Life is unpredictable, and ensuring financial security for our loved ones is a priority for many. Life insurance has become a cornerstone of financial planning, offering peace of mind and a safety net in times of crisis. In this dynamic and ever-changing world, life insurance sales have emerged as a vital industry, helping families secure their futures while providing stability during unforeseen circumstances.   Why Life Insurance is Essential The primary purpose of life insurance is to provide financial protection to the policyholder’s beneficiaries. It acts as a safeguard against life’s uncertainties, such as the untimely passing of a breadwinner. By investing in life insurance, individuals can ensure that their families can maintain their standard of living, pay off debts, and cover essential expenses even in their absence. Life insurance sales professionals play a crucial role in educating clien...

Who is the most important should be insured in the family?

  In a family, there are many ways to manage our finances. We can allocate part of our income for life insurance. The function of life insurance is to reduce or minimize the adverse effects of family economic losses due to death. In the family, there are no standard rules about which family member must be insured first. All family members are entitled to be insured. But let's think about it. A wife can continue to cook for her family because her husband gives her salary money to spend on food. Then their children can still go to school because of a father's salary to pay for their children's education costs. The lights, tv, radio at home can stay on because of a husband's salary to pay the electricity bill. And there are many more things that can be paid from a husband's salary. So what would happen if a husband had an accident and died on his way home after a long day of work? So we can be sure there will be a lot of costs in the family that will be disrupted. The ...

Car insurance, is it necessary?

In my previous article, I explained several types of insurance according to their functions. And one type of insurance that I will convey here is car insurance. Actually, is car insurance important to us? If you already have a car, but you haven't insured your car, maybe now is the right time to find out which car insurance is best for you. Car insurance is important for some people. Because we do not know what risks will occur on the highway. An example is an accident or even the loss of a car. Even though we have tried to drive our vehicles carefully, sometimes accidents cannot be avoided. For this reason, as our effort to avoid various risks, in this case our car, such as an accident or loss of a car, we should start looking for information and buy car insurance for our car. Car insurance has two types of products: 1. Total lost only 2. All risk You can choose one of the types of products above. Or you can also choose both of them for your car insurance. What is the difference...

How much life insurance funds should I prepare ?

We already know that insurance is very important for us and our families. For example life insurance. There have been many cases where a family was greatly assisted by life insurance funds when, for example, the father died . So the funds from life insurance can be used to meet the necessities of life, education funds for their children, his wife's business capital, and others for the family. If someone already understands, and decides to buy insurance, there will be questions. How much life insurance funds should I prepare? Actually there is no limit on how much life insurance a person must prepare. But we can start with 2 approaches : 1. Based on ability 2. Based on needs Through these two approaches you can decide how much life insurance you should prepare. Maybe I can explain as follows: 1. Based on ability You can prepare life insurance based on your current financial capabilities. Adjust to your financial condition. Don't interfere with other family expenses. Set aside a...

Types of insurance

At this time, insurance is familiar to all of us. From the lower middle class to the upper class, they must have known what insurance is. Especially what are the benefits of insurance. Although many already know what insurance is, there are still many people who do not have insurance. Even though they already know the benefits of insurance. Sometimes the reason why they don't or don't have insurance is because they are confused. Yes, they were confused about what insurance I should have. Because as we know, insurance has many types. And the types between one and the other have different functions. So that we must know which insurance we will expect, first identify the types of insurance that exist. Globally, some types of insurance can be distinguished as follows : Life insurance Health insurance Education insurance Investment insurance Vehicle insurance Accident insurance Corporate insurance Old age insurance Life insurance Life insurance serves to provide compensation in the...

Why do we need insurance

Everyone who is born will inevitably experience such a thing as life risk. Life risks can be illness, accidents, or death. We can't do anything about it when the risks of that life come to us suddenly. But we can deal with it in a way. Yes, that's right. By having insurance. Insurance is very important to have, especially to the main breadwinner in the family. Because he is the one who is most at risk to experience unwanted events in the form of life risks in his daily work. By having insurance, he will be protected from financial losses due to the life risks he experiences, such as accidents, illness, or even death. So, that's why we should immediately insure ourselves, our families, our assets. Before something bad happens. The sooner we are insured, the sooner we will get the security of protecting ourselves and our families.