Being financial independence hasperks but it comes with responsibility. Having insurance ensures that you are financially secure and are financially ready to face any problems.
Having financial security –
No matter how much you earn or save, unexpected events can quickly affect your financial situation. So the best way to protect yourself financially is to take out insurance for yourself, your family, and your property. You can take out or renew your insurance online and receive cash for financial assistance in the event of an unforeseen event.
Peace of mind –
Insurance gives you financial security and security. No amount of money can replace your peace of mind. So, when you are insured, you know that you are covered by all the unexpected events of your life, and it gives you complete peace of mind.
There are some insuraces that are compulsory-
Insurance is required as it may be required by law. An example of this is car insurance. Under the Automobile Act of 1988, all automobiles driven in India are required to have automobile liability insurance.
