Insuring - The Solution

A bundle of papers in one hand, pen in the other and hundreds of questions on our minds, that is what happens to most of us when we don’t consider insurance planning. There is often a lukewarm interest people show when it comes to discussions about insurance. Many look at it as an unnecessary expense, while others may feel it is an extravagance and not a necessity.

Many of us do not have enough understanding about this and we rarely make an effort to talk to an expert. Insurance is a measure to plan and preserve for forthcoming situations. It is helpful to reduce the effect of uncertainties of life. Life is quite unpredictable, and with impulsive decisions made in our personal and professional lives, an urge to take up insurance has become the need of the hour. Emphasising on this, have you ever considered to buy insurance as a means of investment? Investing in insurance can be one of the finest financial decisions that you can make, to enjoy the fruits of your labour.

In the world of finance, taking risks comes with great rewards sometimes. Debating whether investment as an option is a great idea or not will persist. There is no doubt that investing in insurance can emerge into a real outcome and hence it is imperative that we buy various policies at an early age. We know that the need for insurance will change according to the different phases in life. But if you have insurance, there will be a peace of mind and enough financial security for your loved ones. Why to wait to fill up the real life piggy bank where you can put in variety of policies and keep the money lifelong.

- The reader works in finance and is based in Dubai