What a lot of people fail to realise is that when you buy insurance, you’re buying a promise. It’s a promise that if something catastrophic happens to you or your business, your insurance company is going to assist you in the recovery process*.
There are various types of insurance products: life insurance plans, health insurance, home insurance, motor insurance, travel insurance and more. Regardless, the core of any insurance plan is to offer you protection.
Below are 4 great reasons to consider adding insurance to your new year’s resolution plans.
Secure Future Goals
Right now it may seem like you’re stable and secure, and you may very well be, but what will happen if you suddenly have to face the end of your life? Will your family be able to meet their future needs without you? A life insurance plan would ensure that your family is well taken care of even when you’re no longer around to do it yourself.
Peace of Mind
We’re sure you work as hard for yours as we do for our family. Because life is so ephemeral, we have more than enough reasons to worry about them. Insurance are highly imperative to secure the future of your family in your absence, as well as providing you with the peace of mind that you deserve.
Encourage Savings
This might come as a surprise, but insurance is actually a great investment channel as it facilitates systematic savings (by allocating funds in the form of premium every year). At the end of your policy term, you can reap the benefits by getting a lump sum pay out. It also encourages savings by reducing your expenses in the long run, and helps you avoid out of pocket payments for unfortunate events such as fixing your car following an accident and more.
Manage Risks
Here’s another interesting thing you might not have considered about insurance: it provides for an effective risk management in life. By allowing you to plan for the uncertainties in life. The risk of losing your car, of falling sick (at home or overseas), the risk of your own death and more can be dealt with an effective insurance policy!
Whether you are considering a life insurance plan, motor or health insurance, or even travel insurance at Sacos, we are here for you. Pay us a visit at our branches (Maison Esplanade – Victoria, Pension Complex –Baie St. Anne Praslin, Green Corner –Providence) or call us on 429 5000 or send an email to info@sacos.sc.
*Terms and Conditions apply
