TIPS ON BUYING INSURANCE

    tips on buying insurance the major role of insurance is to pay some money to make some repairs to replace a destroyed or stolen property or to replace the some degree loss incomes following the death of a policy holder there are two types of insurance general and life general insurance pays money replace lost or destroyed property as a result of misfortune such as fire strike storm pass drone fluid theft and the like life insurance on the other hand pays the policy holder if he survives the policy period or his dependence in the event of his antimony death or disability the problem that many people face when seeking to buy insurance is deciding which policy to buy now here are some tips that may help you select the right insurance product for your needs if you own a motor vehicle or you are an employer always ensure that you buy the compulsory motor vehicle third-party insurance and workers injury benefit insurance plan to have a life policy which will pay the money to your dependents in the event of your untimely death this can go a long way in assisting the family in settling down as they cope with     

    the reality of the loss take insurance for your tree shirt possession such as business home crops or livestock because their loss will cost you financial loss that may be quite difficult to cope with at times even changing completely the lifestyle of your family it is advisable to arrange for health insurance for yourself and family because sickness comes suddenly when money isn't available you may not even have no time for raising that money education is increasingly becoming more expensive however the future belongs to the educated and everybody would like their children to have the best education it is not always possible to have enough money to pay school fees as well meet other competing needs of life an education policy can take care of this by allowing you to pay small regular amounts from the time the children are born or when still young we are all growing old day by day people are also more likely to live longer after retirement thanks to medical advancement that time you will not be able work due to old eight yet you still have needs to meet it is therefore advisable to arrange for income to rely on

    during these times life policies investment plans pension plan annuities and deposit administration scheme are best used to meet all age needs illness is a risk we live with right from birth to death it is important to plan for illness in order not to be called unworth should it strike illness can a time be critical for example stroke or heart attack medical policies take care of hospital expenses incurred as a result of illness we are always exposed to accident either falling off getting mugged or hit by a vehicle or any object personal accident policies pay a given sum of money to the policyholder or his or her beneficiaries following an accident that often results in injury disability or death in order to buy valid insurance always ensure that the insurance agent you are dealing with are listens it by the era deal with an insurance company with an office near you this saves a lot of time when you require this service era is passing a lot of valuable information about insurance on divi both swahili and vernacular radio station providing reading materials through its website of at this office in braille form and many other forms thank you