Unproductive Investment

Insurance in my country doesn't really sit well with mostly average man who is still struggling to make ends meet and live a fair life.
Insurance to such person is like taking a little cup of water he was able to source for to quench his thirst, and pouring it in a sieving bowl.

Generally, insurance is actually a great way of saving yourself from some unbudgeted spending or expenses when the sudden need arrives. This can mostly be explained by civil servants who are compulsorily insured.

People insure personally or for families, companies insure for their staffs and I could say I got to know a bit about how this insurance works through this. You would see all these factory trucks been said to have property insurance which covers the costs whenever there is a

While I was an employee, I had health insurance as a staff, and at times when I feel sick, my health insurance comes in. That doesn't mean I'm not gonna have some expenses sorted but it will be minimal to if I don't have an insurance at all.

To me, health insurance is still most meaningful insurance cos it is okay to feel sick as human who works and consume energy. Therefore whatever plan we subscribed for will still be useful no matter what unlike insuring life, when it's not like I'm planning for my death.

I don't know if this is a myth around insurance but there has been an information around insurances that if what you insured for exactly does not happen then you won't be entitled to getting the benefits when you think you need it.

For instance, insuring a car for fire but unfortunately it was damaged through an accident then your insurance won't be working on repairing your car by your insurance company.

Who would know the exact kind of calamity that would befall them even when we don't actually pray for one to happen. Then when it finally happens, one's intended saving means is said to be ineligible.

So what benefit does this actually bring to us except that we are just pouring water into the basket that gives no hope of backup when trouble comes.
It's enough that people struggle to find means to eat and live let alone adding the pressure of subscribing for an insurance policy.

In my own terms, I'm not generalizing insurance to bad and not okay enough but all I'm trying to bring out is that "not all insurances are meant for us masses". The rich might not have an issue with the other aspects of the insurance policies but a struggling citizen in a bad economy country will not think twice before looking away from a marketer giving them a flier of their packages.

If there is capacity to take up the health insurance, then it will be the best idea and step to take especially when it is with a reliable insurance company.

I'll be dropping my 🖊️ here on the Hive Learners community prompt

Thanks for reading through 🤗

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