The A,B,C of insurance
Let's start by clearly defining what insurance is. Insurance is a financial tool that allows you to plan financially for the protection of your personnel, family and assets, thus having the economic support to foresee any eventuality or accident.
An insurance helps you minimize the economic impact of an eventuality.
The choice of an insurance will depend on the protection or prevention needs you have and the period of time you need the protection. This is why it is important to know the types of insurance you can purchase.
Among the most sought after insurance we can mention:
1. Health Insurance.
This is acquired with the intention of financially guaranteeing the necessary medical assistance in a determined moment (childbirth, major or minor surgeries, dental assistance, treatments and medicines).
- A life insurance can be managed at term or with benefits in life, the difference is based on the needs you want to cover.
- Term insurance is acquired to cover a specific need for a determined period of time.
Life insurance with benefits in life allows the policy holder to enjoy some benefits such as loans or retirement planning. Specifically, the policy owner does not need to die to enjoy the benefits of the insurance.
3. Vehicle Insurance is contracted to cover any type of personal or third party accident caused by driving a vehicle.
4. Home Insurance is very important depending on the area where the property is located since it is acquired with the purpose of protecting the home from any accidental or intentional damage and damages caused by natural events.
5. Retirement insurance allows you to plan several years in advance how you want to enjoy the years after you retire from work.
The next question is who should purchase insurance?
Anyone who has the need to protect an asset, estate, family, business, and more.
A person who has a high degree of prevention and financial planning, both present and future, is best suited to acquire insurance that covers their needs.
When to insure?
The time is now!
An accident or illness is not anticipated, but it is possible to prevent having the financial resources necessary to face that moment.
Depending on your personal or family financial planning and management you can anticipate possible situations such as retirement from work, family planning for the arrival of a new member to the family, education funds for children or professional specialization.
In any case, the objective of investing in insurance is to plan for the future and protect the present.
If you want to know more about these insurance plan offers, contact us and we will be able to advise you in a personalized way to make the best financial plan for you and your family.
Phone +1 (773) 671-4357
Mail. Tina.brokerffl@gmail.com
Family First Life & Global Financial Management
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