What is insurance for?
Do you need insurance?
Sooner or later, this question arises for everyone. We can talk about episodic cases – insurance when buying a train ticket, or maybe more serious and even mandatory. It is noteworthy that the history of insurance is rooted in the distant past. In ancient Babylon, merchant ship owners took loans from depositors to equip merchant trips. If a ship did not return, shipowners might not have to repay funds taken on credit. And since this happened quite rarely, lenders more than covered the possible losses with interest received from shipowners. Historically confirmed that in the XVII century in the UK there was an official insurance company. And she also specialized in maritime trade.Based only on these facts, the conclusion suggests itself that insurance is necessary when there is a real risk for something or anyone. The more you have, the more you can lose. In everyday life, we usually insure ourselves, not considering it a waste of money. For example, few drivers refuse to buy a spare tire. Even if it is never needed, it’s somehow calmer with him.
There are different types of insurance – life, health, property, civil liability. When deciding on insurance, you need to weigh everything well. When choosing an insurance company, it is important to learn about it as much as possible. It would be useful to ask your friends about this, those who already have experience in such matters. In this case, it is important to carefully examine all parties to the contract with the insurance company. Ask the agent to explain in detail all issues of concern. Examine all available information about a particular type of insurance and about the company (especially its financial situation) with which you intend to deal.