Life without Insurance
Finance August 5th. 2008, 10:20am
(Picture from stock.xchng.)
What would our life be without insurance? I have so many insurances in Canada now, e.g.:
- I have three life insurances: one is from my employer, the other one is from my mortgage and the last one is a standard term life insurance.
- I have two health insurances: one is the standard health insurance from the government and the other one is extended health insurance from my employer.
- I have a house insurance to protect my house against fire and other damages.
- I have a car insurance to protect my car against accident, theft, etc.
- I have also short-term and long-term disability insurance.
- I am still missing critical-illness insurance….
Believe or not… I didn’t have a single insurance in my home country, Indonesia. Not even a health-insurance. Now, when I went back to visit my family, I don’t bother buying travel medical insurance. Last time, I went back to Indonesia, I got a very bad flu. I went to a doctor and bought some medicine. It costs me less than $15 in total.
Yes, my life has changed… I have changed from “a person without insurance at all” to “a person with full of insurances”. It’s very risky not to have insurance in Canada. I may go bankrupt right away when something happens to me.
August 11th, 2008 at 5:36 am
I think you may need income protection and Trauma insurance
August 11th, 2008 at 12:19 pm
@Fendy: I forgot to mention. I have also “employment insurance” from the government. How come I forgot this one…
August 13th, 2008 at 10:08 pm
Ko uu: gile juga insurancemu banyak abes. Coba d kalo bisa yg dari employermu km mintain cash aja bisa ato tidak
Yang aku tahu, di Indonesia, suatu object di insurance di beberapa tempat itu tidak akan diganti oleh semua, misal kamu ikut health insurance ke 3 tempat, A, B, dan C masing2 covernya 100$, kalo kamu sakit cuma bisa claim ke 1 orang ajah 100$. Kalo kamu claim ke 2 tempat, ya paling 50$ dan 50$.
Coba en kamu pelajarin ajah gimana terms and conditionnya…
Good luck!