5 Ways to Choose the Right Life Insurance
Insurance is now no longer something luxurious and expensive, even now insurance has become a lifestyle for certain groups of people.
People think that insurance should be owned by everyone to guarantee their future. Not only as a lifestyle and guarantor of the future because by having heart insurance you will feel happy and at ease.
By making insurance a lifestyle or primary need, you also have to be careful in choosing the right life insurance. Here are five tips from choosing the right life insurance.
1. Choose Insurance According to Your Needs
Choosing the right insurance must be done before deciding to buy it. Just like when you are going to buy clothes, of course you will think about whether the clothes are suitable, whether the size fits your body, and the same thing must be done when buying insurance.
Get to know the insurance product to be purchased, and know what the benefits of the product are. When you are going to buy insurance products, the insurance company will offer so many products. This is where you have to be careful in choosing which product suits your needs.
Know what benefits you will receive if you buy the product because this will greatly affect what you will get from the insurance used. For example, when you need money in urgent conditions such as illness, children's education costs, and so on. This is something to think about before deciding to buy an insurance product.
And before buying an insurance product, you should identify the product, compare the products of one company with other companies that suit your needs.
2. Insurance Budget
The two things that must be considered before choosing life insurance is how much budget must be spent for the life insurance. You have to be able to adjust how much budget you have to spend each month.
This must be considered so as not to interfere with other needs that also require a monthly budget. If you have a limited budget, but you still want to have life insurance protection, you can choose pure health insurance with a low monthly premium price or according to your financial capabilities.
With careful planning, you can find out what things require a fixed budget every month. You can divide the income of about 10 percent or more for life insurance which can later protect yourself in the future.
3. Insurance Company Track Record
The third thing that must be considered in choosing life insurance is the track record of the insurance company. Insurance is an agreement that there will be an agreement and runs for the long term, of course here you must know the insurance track record in advance so as not to cause problems in the future.
First you can see how the company provides services to customers, then the ease of registering yourself, the ease of setting premiums, and the last is the ease of claiming the insurance company.
The selected insurance company must be a company that has a good track record, is registered with the Financial Services Authority (OJK), a company has a Risk Based Capital (RBC) of at least 120 percent in accordance with government regulations, and of course a company that is trusted in the community. Get to know the insurance company that will be chosen and don't hesitate to ask something that you think is unclear.
4. Insurance Services
Another thing you should consider in choosing life insurance is the service of the insurance company to its customers.
Choose an insurance company with the best service, for example a company that has 24-hour customer service, a company that provides clear information to customers and so on.
Insurance services are important because if the insurance services do not have extra services, this can make it difficult for you to get information in a short time.
5. Immediately Register While Healthy
In general, every company that provides life insurance has more detailed criteria or requirements in terms of the health of prospective customers.
There are so many potential customers who accept the rejection of insurance applications. The reasons for this refusal are many, for example the requirements that do not meet the criteria in terms of health.
Therefore, while you are still healthy, young and strong, you should immediately register with an insurance company so that you have protection and security in the future.
Choosing the right life insurance is a must and of course this will also affect your insurance claims in the future. When choosing the right life insurance, automatically there will be many benefits that can be obtained.
Not only a benefit, but you can also feel happier and more secure because your future or old age is guaranteed with the life insurance protection.
First, you can get a pension. Second, you don't have to worry about the cost of treatment when you have health problems in old age.
News source: kompas.com
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