Cost of Ignorance is Greater Than The Cost of Insurance

This post has been written by our guest contributor Tarun Bachhawat, with help from the Fintuned Editorial team.

“If you live each day as if it were your last, someday you will most certainly be right” – Steve Jobs

When I sat down to write an article on insurance policies (just because I recently bought one) a strange but hard-hitting thought donned upon me. I wondered how to tell people about the significance of insurance, the tax benefit people get from paying premiums etc. A second later, I rubbished all the thoughts.

WANT TO KNOW WHY? Because I realized something – buying an insurance policy is the simplest of decisions one has to take and whether you like it or not, it is absolutely naive to ignore it. Think about it. When questions like – “What will happen to my family when I am not there”, “What if I meet with an unfortunate accident” etc. come to your head, how can you ignore taking an insurance policy??

life-insurance

Honestly, you don’t need articles or someone like me to tell you about the significance of purchasing insurance. You just need to have compassion and common sense. That’s it.

But, there is a problem…

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