Kindly leave a comment and share
Chuks Udo Okonta
Financial freedom is one of the bedrocks of marriage, especially the newly wedded. Therefore, to avoid risks that would affect the finances of the newly built home, ladies in serious courtship, should encourage their fiances to have some unique insurance policies.
Though insurance practice requires spending of money, which is called premium, it remains the sole means of using little money to ward away large risks or mishaps.
Today Saturday, is often a day many people choose for their wedding, which marks the venture into starting a family, which must require finance to thrive.
Every young family should be isolated from negative financial impacts, this therefore, raised the need for ladies to encourage their fiances to transfer avoidable risks through insurance mechanism.
Insurance policies your fiance needs.
* Health Insurance
If your fiance does not enjoy health Insurance cover from his employer, he should be encouraged to save his fund through subscribing to health insurance scheme, which is cheaper than paying out of pocket for medical bills.
* Automobile insurance
If your fiance has a vehicle, he should secure it with insurance to avoid cost on third party damages or personal loss.
* Term assurance
Term assurance is an insurance system that allows policyholders use smaller amount of money to buy larger amounts.
You should encourage your fiance to subscribe to term assurance as an investment portfolio that would assist the family in the future.
* Accident insurance
As accidents are not predictable, ladies should encourage their fiances to insure against all sorts of accident.
This would help the family save money that would have been spent from their savings.
* Life insurance
Life insurance is another policy ladies should encourage their fiances to arranged for themselves.
* Job loss insurance
Job loss can arising anything. It does not respect your marriage status. Hence, ladies should encourage their fiances to have this policy so as to have something to fall back on when it happens and before securing another job.
* Professional indemnity insurance
If your fiance undertakes a job that can cause him spending money on professional negligence, he should have this policy to avoid spending his personal savings on litigations that may arise from his mistakes in the work place.
Ladies, your anticipated home should be free from avoidable risks, encourage your fiances to leverage insurance to keep your newly built home and family in peace.
Dear Esteemed Reader,
We solicit your donation as we work hard everyday to provide readers such as you with the most accurate, up-to-date, and comprehensive information.
Quality journalism costs money, hence, we’re asking that you support us to do more. Your N1,000, $1, £1 and more donations will help Inspenonline to sustain its desire to offer quality reportage to everyone in the world.
Donate into this account number:
Bank: United Bank for Africa (UBA)
Account Name: Inspenonline Limited
Account Number: 1021916451
Thanks as you send your donations.
