Is home insurance profitable?

 Indeed, many people already know about insurance. Not even a few who know in detail about the ins and outs of insurance. However, for some reason, people's interest in getting insurance is still quite low. Actually, this is quite a contradiction between reality and what society wants. Just look at how the general public will refuse to be insured for their assets when they really want assurance that nothing bad will happen to their assets.

Just take the example of home insurance. When asked whether people would like to become members of home insurance ownership, only a few said yes

Is Home Insurance Important? However, everyone would want their home to be okay. They realize that home is their shelter. They also realize that home is the best place for them to relax, gather with their loved ones and get entertained. However, when they were faced with the offer of insurance, they shook their heads. Even though not a few of these people know how insurance can provide protection for their homes. Well, let's assume most people know nothing about home insurance. 

How can this kind of insurance work and can provide protection to our homes? What will be our obligations and rights? Actually, what is insurance for the house? Let's try to discuss together here. Who knows, later you can take the lesson that insurance is not something that will harm you, instead it will give you lots of positive effects. Home insurance, as the name implies, is insurance provided by an insurance company to guarantee your assets, which in this case is a house. We all can not know for sure what will happen in the future to your home. 

Without any tendency to frighten you, actually a lot of bad things can happen to your home. Take, for example, fires and natural disasters. Both of these things can easily make you lose your home. Your house that is destroyed by these two things is of course your loss. However, if you have purchased home insurance, you don't need to worry anymore. 

Basically, the insurance company will help you to ease your financial burden or even become your substitute to take care of the financial burden completely. In this case, when your house experiences a problem such as being damaged by fire, the insurance company will compensate you for an amount of money which was agreed beforehand when you registered to become an insurance owner. Take for example, when you have bought a house for Rp. 100 million.

 Then you buy insurance and you are obliged to pay a premium of IDR 1 million each year for a period of several years determined by the insurance company. When suddenly your house has a problem as mentioned above, you can receive compensation, the amount of which can vary, such as the price of your whole house or 80% or another amount according to a mutually agreed decision.

Isn't this very lightening for you as a home owner if bad things happen to your home. What if bad things didn't happen to your house? Generally, the premium money that you have paid will be returned to you. But there are also several insurance companies that do not return in full or do not return at all. Of course you have to be careful in choosing home insurance. Make sure you get insurance from a well-known company so that the premiums you pay regularly won't be lost for free

Berbagi :