Nowadays, you can get insurance for almost anything. With that in mind, protecting your most important assets is an important step in developing a solid personal financial plan, and the right insurance policies will go a long way toward helping you safeguard your possessions in the case of an unfavorable event. In today’s blog post, we will discuss the value of insurance and what it can do for you.
1.Getting insurance is an obligation.
For example, in Nigeria it is imperative that all vehicle owners have a minimum of third-party liability insurance, to protect external parties in the event of an accident.
2. Insurance is worth paying for assets and tools matter to you.
Many believe they do not need phone insurance but once you consider the repair or retail price of a fridge or freezer, an iPhone or Samsung phone. It is cheaper to pay a little insurance premium for damage or replacement costs.
3. Insurance is worth paying for protection in the event of a devastating loss financially or emotionally.
For instance, getting health insurance coverage reduces expenses when a family member is sick, has a serious illness or an accident. A group life insurance policy will cover medical expenses, funeral costs and provide compensation upon the death of a family member or the policyholder.
Getting insurance coverage for your assets is not a luxurious expense, it gives you a safety net and a backup option. In the event of a loss, insurance will replace and recover your insured assets at the time of the loss.
For more information on any of the above forms of insurances, contact
Atiat Insurance Brokers,
Foresight House, 163/165 Broad Street, Marina Road, Lagos
Phone Number: +2348023050209, +2348036263714, +2348090571267
Email: [email protected]