Source: www.mibrahim.net/ There’s a lot to talk about when it comes to
insurance. Whether you’re renting or owning you’ll definitely need to have at least one insurance policy. I will write a set of posts in which I will outline different types of insurances and how they are related to
real estate.
I will also present some opinions that I have, which does not necessarily mean that they are advices or imply that they are correct nor that they are suitable for you. Actually, those opinions can be wrong, and can cause you harm - and sometimes can just work well and can save money. Starting with opinions. I support the services that insurance companies give. In summary, the objective is to protect you against accidental loss or damage.
There are many forms by which an insurance company can be established. Two of those forms:
A. the form that we all know and exist around us is a profitable corporation that gains from people’s premiums and provides coverage against loss or damage.
B. The infrequent form is a corporation owned by its investors, that
invest their money and use the income to protect its investors against accidental loss. The second form is of course the more beneficial for people, and the least frequently seen. I like the second form. I don’t like all the ways by which insurance companies advertise.
Specifically, I don’t approve of putting the viewer in a mood of fear, out of which he or she decides to buy insurance. Buying insurance should not be an outcome of fear, it should be the result of needing the service. To demonstrate what I mean, I will link to four commercials from three reputable companies. And I’m specifically commenting on the way of advertising and not the quality of service.
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Article Source: http://www.debtfinancearticles.com.
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