Question

insure family is secured family essay 200 words

Answer 1

Insurance is more of a necessity than a luxury in the modern world. It keeps not only the insurer, but also his/her family secure. You can take life and/or motor insurance for both yourself and your family members.

With life insurance, you can claim the bills of most of your hospitalization and treatment expenses in case of any untoward happening. In the event of your demise, your family or dependents will be entitled to the claim and this way their lives will not be disrupted.  

Motor insurance helps you claim damages incurred to your vehicle without having to pay a hefty sum from your pocket to get it repaired.

Answer 2

                             Insured family is secured family

Undoubtedly insurance is one of the many ways to invest one’s money wisely. The current times and circumstances are quite precarious. Pollution levels rising, roads becoming unsafe, increasing infections of fatal diseases such as swine-flu, dengue, cancer, etc have made the life quite unsafe and unpredictable.

Keeping the above mentioned factors, buying general insurance or medical insurance is the wisest investment. General insurance gives financial security in case there is any mishap! Medical insurance on the other hand enables one to provide financial security in case there is any sudden illness in the family. The medical expenses these days are unaffordable.

Insurance industry is already quite a huge industry in India. However, in the recent times it is growing more rapidly. One must provide financial safety, security, and certainty to one’s family by investing. In conclusion it can be said an insured family indeed is a secured family.