While Insurance might not be the most pleasant way of spending money, it is an important part of modern day financial planning of any individual. Even then, most people tend to avoid it. Non-availability of free funds, lack of interest and absence of suitable information are the primary reasons. Contrary to popular perception, it is very much manageable and not at all complex.
If you haven’t been able to convince yourself till date that you need insurance, here are the 10 most logical reasons why you should, and RIGHT NOW. The earlier you pay heed to them, the better.
1. Life is fragile – Every year, more people die due to accidents in our country than by wars or other natural calamities. Today, the need for an insurance cover is triplicate as that of a decade ago.
2. Unusual threats to life – Since the 7/7 attacks on the London tube, threat of a different kind has been looming over the traditionally open and easy going Brits. The uncertainty of ‘what can happen where’ is the biggest reason to get yourself insured TODAY.
3. Cost of bringing up Children – Even double earning families (with both partners working) are finding it difficult to afford the cost of healthcare and education of children. Demise of one parent may give rise to huge liabilities. To ensure that they are well cared for always, get insured today!
4. Reluctance of employers to provide pension - As the majority of us are employed with Private undertakings, it’s difficult to force employers to contribute for a significant pension of employees, other than the pittance mandated by law. We have to take care of our post-retirement days ourselves.
5. Cover for Freelancers – Freelancers or independent service providers often have no cover on their life at all. Since they are not part of any organisation, they do not get even the minimum benefit of the EPF.
6. Mortgages on Assets - Assets need to be insured as their average cost has increased and most people take mortgages on them. So, in case of any untoward incident, you won’t lose your house or beloved car.
7. Tax-Sops – For every £ 1 invested in Insurance industry, you pay only 78 p in all cases (about 28% is paid by taxman). For higher tax bracket tax people, they can even claim 40% relief by filing for returns!!
8. Forced savings – In this materialistic world, there is never enough money for anything. Getting an Insurance Policy is just a way to ensure that you save some money.
9. Investment device – Through ULIP (Unit Linked Insurance Plans), you can control the amount of risk you want to take on your money and accordingly use it as an investment tool. Whatever returns you get out of it, will be an added bonus.
10. Miniscule State Pension – State pension is a mere £ 84.25 a week at its maximum. If you want to maintain your current lifestyle, go on vacations, and maintain independence, you need to save for future NOW.
So, don’t delay it any further. Show your love for your family by getting appropriate cover on your life and assets today!
Get a quote on Life Insurance through UK OnlineMarket and get unbelievable Cashbacks!!
Get Home Insurance through UK OnlineMarket and get Cashbacks up to £125!!
We also provide Motor Insurance, Travel Insurance, Health Insurance, Pets Insurance and other kinds of Insurance. For more information visit our website www.ukonlinemarket.co.uk.
If you haven’t been able to convince yourself till date that you need insurance, here are the 10 most logical reasons why you should, and RIGHT NOW. The earlier you pay heed to them, the better.
1. Life is fragile – Every year, more people die due to accidents in our country than by wars or other natural calamities. Today, the need for an insurance cover is triplicate as that of a decade ago.
2. Unusual threats to life – Since the 7/7 attacks on the London tube, threat of a different kind has been looming over the traditionally open and easy going Brits. The uncertainty of ‘what can happen where’ is the biggest reason to get yourself insured TODAY.
3. Cost of bringing up Children – Even double earning families (with both partners working) are finding it difficult to afford the cost of healthcare and education of children. Demise of one parent may give rise to huge liabilities. To ensure that they are well cared for always, get insured today!
4. Reluctance of employers to provide pension - As the majority of us are employed with Private undertakings, it’s difficult to force employers to contribute for a significant pension of employees, other than the pittance mandated by law. We have to take care of our post-retirement days ourselves.
5. Cover for Freelancers – Freelancers or independent service providers often have no cover on their life at all. Since they are not part of any organisation, they do not get even the minimum benefit of the EPF.
6. Mortgages on Assets - Assets need to be insured as their average cost has increased and most people take mortgages on them. So, in case of any untoward incident, you won’t lose your house or beloved car.
7. Tax-Sops – For every £ 1 invested in Insurance industry, you pay only 78 p in all cases (about 28% is paid by taxman). For higher tax bracket tax people, they can even claim 40% relief by filing for returns!!
8. Forced savings – In this materialistic world, there is never enough money for anything. Getting an Insurance Policy is just a way to ensure that you save some money.
9. Investment device – Through ULIP (Unit Linked Insurance Plans), you can control the amount of risk you want to take on your money and accordingly use it as an investment tool. Whatever returns you get out of it, will be an added bonus.
10. Miniscule State Pension – State pension is a mere £ 84.25 a week at its maximum. If you want to maintain your current lifestyle, go on vacations, and maintain independence, you need to save for future NOW.
So, don’t delay it any further. Show your love for your family by getting appropriate cover on your life and assets today!
Get a quote on Life Insurance through UK OnlineMarket and get unbelievable Cashbacks!!
Get Home Insurance through UK OnlineMarket and get Cashbacks up to £125!!
We also provide Motor Insurance, Travel Insurance, Health Insurance, Pets Insurance and other kinds of Insurance. For more information visit our website www.ukonlinemarket.co.uk.
posted by Team Brit'naire @ 2:06 AM
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