Should You Buy Insurance

Posted on 30. Jan, 2010 by admin in Finance

Everyone should have some type of insurance, regardless of what his salary. Insurance is used to repay a disaster that occurs or protects against loss or damage to something or someone. There are several types of insurance available: life, health, dental, home, auto, fire, flood, credit card insurance, disability (short and long term), and more. The basic types of everybody should get a life insurance are: health, life and disability. All three actually work together. Health insurance is required if you have any health problem or a need to go to the emergency room. Disability insurance is used if you have a short-term problems or long term health prevents them from working and ensures that you are still receiving a paycheck (usually at least 60% of their wages). Life insurance is used in cases where a family member dies. With at least these three may affect your portfolio now, but will cause fewer headaches and expenses in the future.According to the National Coalition of Health Care, nearly 46 million uninsured Americans. A study by researchers at Harvard University showed that 50 percent of all bankruptcy filings in part the result of medical expenses. Since 2000, health insurance premiums in employment increased by 73 percent.I had surgery in May 2006. I stayed in hospital overnight. I checked into my room at 7:00 pm and was released at 12:00 the next day. I have received some basic medication and will help the staff. The total bill of less than 24 hours was $ 12,000. This does not include the cost of surgery. The total bill amounted to $ 20,000, luckily had insurance and had to pay $ 5.Many people in debt and have bad credit due to lack of medical costs have a some kind of insurance. When buying insurance, it is preferable to compare prices. You can also visit the website of the Better Business Bureau at www.bbb.org to search for companies and show the reliability of the report. Some sites that can be used to compare insurance rates are www.bankrate.com and www.progressive.com (for auto insurance). If your employer does offer health insurance, life insurance or disability insurance can buy insurance on their own. Go to ushealthcare.port5.com www.healthinsurance.org or (for selected States) to find information on affordable insurance. If you need insurance for your children, visit www.insurekidsnow.gov. They also offer accidents and serious illness. For more information on www.about affordable disability insurance disability or www.assurity.com insurance.com visit. If you really can not afford insurance make sure you get enough rest, eating right and exercising. Try to get a part-time job to pay insurance.If that are able to purchase other types of insurance, some insurance that the homeowner, auto or fire insurance, it is preferable to buy a package or several types of insurance with the same subject with the same company (for example, securing several cars of the same company). Many companies give a discount if you buy several products, you should ask. For example, I bought my house and my car insurance with the same company and saved about 15% of total costs compared to purchasing insurance homeowner with one company and car insurance with another company. Packages bulk purchases or multiple-line policies can result in savings of 1 to 25% depending on company.As my grandmother always said, "Better safe than sorry." At least try to buy health insurance for you and your family.For more information and resources on insurance visit www.ahrq.gov / consumer / insuranc.htm # head10, www.healthinsuranceinfo.net, www.prweb . com / releases / 2006/9/prweb435162.htm, ask.hrsa.gov / PC, www.cms.hhs.gov / home / medicaid.asp (Medicare and Medicaid), https: / / perfdata.hrsa.gov / MCHB / mchreports / Research / search.asp (Information Office of the mother), www.life-line.org (click on the glossary for definitions of common insurance) www.travelers.com (auto, home, car insurance). Harriniva Freeman is the CEO of HE Freeman Enterprises, a credit repair and management services

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