Sunday, January 14, 2007

Insurance Plans You Can Avoid


I am sure many of us are already in the "net" of the insurance "marketing people" who try to convince us to buy Mortgage Insurance, Life insurance for young kids etc.
Yes, I am calling some of our insurance advisers the marketing people, coz now a days instead of studying and understanding the financial need of the customers, they are more focused towards marketing and selling their insurance products which customers might not need.
How about some awareness on how you can avoid some of the insurance plans and plan them in a better way.
Insurance is necessary to protect you against financial calamities, not every small loss and hazard of life. So what you really need to have, financial experts say, is a term life insurance policy, as well as coverage for health and disability, your home, and autos. Still, marketers have come up with a slew of insurance products that, for the most part, are costly and unnecessary.

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