Insurance is Not Investment

      Throw away thoughts that you can double your money by buying insurance. Unfortunately, there are still many people embrace the concept wrong. Insurance is not one form of money as the investment development. 10 + 10 in investment could be 40 or more, plus the interest or return. In investing, there is no accumulation of wealth and power to multiply.
 
      This concept is much different from that insurance is aimed at anticipating the emergence of unexpected risks and still a potential. In insurance, the event risks (such as illness or accident), then there is a certain amount of insurance money that we get, in return for insurance premiums paid regularly ever before. But when there is no risk, the premiums will be forfeited and we lose the money already paid.
 
      Let's say, you want a home that is safe, then you decide to hire a security guard. In fact, the case of a theft or not, nonetheless security guard must be paid to maintain security. It's similar to the concept of insurance. But some people think it is detrimental. Why buy something that is not necessarily the case because it will actually make us lose money?
 
      But if you think more wisely again, Babes, insurance premiums paid for the same as the salary to be paid to security. Before you feel aggrieved, look at insurance from different sides.

If it is decided to have insurance, here are some simple ways to examine before purchasing it:
    -  Entrusting your choice on the insurance company that is recognized to have great credibility. To be safe, check the company who occupy the top five positions in the list of most health insurance companies according to the Ministry of Finance.
 
    -  Select the appropriate insurance really needs. When still in doubt, provide more time to think. Do not rush.
 
    -  Observe good throughout its terms and conditions. If there is one point that you do not understand, the better directly ask.
 
    -  Insurance agents are there to make things clearer, not to confuse you then use as well as possible.
     Make sure the insurance premiums are affordable and flexible. Do not exceed your financial limits.
 
    -  Understand the policy details. Note the various risks that are covered.
 
    -  Cases are commonly encountered is the difficulty demanding that insurance money is rightfully yours. From the beginning, make sure to clear the claim procedures to be followed. Who to contact and correspondence as to what to be prepared.