Insurance

In many cases Insurance is one of those cost’s where a person does not really see any return as such, hence the reason why a number of people don’t take out adequate or in fact any Insurance at all. Obviously, if you were talking about Car Insurance then you have to by law.

Unfortunately, many people just don’t bother taking out other types of Insurance.  You know what I mean, for example home contents insurance, home buildings insurance, life insurance, pet insurance or even travel insurance.

This is mainly due to it being a cost which can not be seen as a positive gain, but let’s put this into perspective. There was a case a short while ago on the news, where a person had just finished paying for his house with his mortgage company.

He stopped the mortgage payments, obviously because he owed nothing, but linked to these payments was his home buildings insurance and his home contents insurance.

There was a major fire at the back of his property in a small foundry, which due to strong winds quickly spread to the row of terraced houses, which in turn totally destroyed four properties and caused considerable damage to another three.

Unfortunately one of these properties belonged to this person who had cancelled his Insurance.  He did mean to take out adequate cover, but just didn’t get around to doing it. Consequently, he lost everything.

From his perspective, he now knows the value of taking out Insurance, because he lost so much. But to many of us, these situations, happily, just don’t happen, especially when you are adequately insured.

For some reason, it’s when you don’t have Insurance, that disaster strikes. Don’t ask me why – its just one of those weird things that always seems to happen.

The same can be said for most types of Insurance and it’s not just ensuring that you have cover, but also ensuring you have the right cover.  For example Pet Insurance can seem to many as an unnecessary additional cost.

I should know, I found out the hard way.  My Golden retriever decided; bless him, to eat a rubber garden glove.  He was always a greedy little so and so, but alas, that garden glove cost me dear.

The glove actually blocked his intestines and the dog was in severe discomfort in a very short amount of time.  After a visit to the vets and several costly x-rays, it was determined that major surgery was needed to remove the glove or rather what was left of it!

This was all done quite rapidly and very professionally I must say and within a few weeks my lovely Golden Retriever was back to running around as normal.

Now don’t get me wrong, I love my dog to bits and no amount of money would have prevented me from keeping him fit and healthy – but boy, that vets bill ran literally into thousands.  Had I taken out Pet Insurance I would have been laughing all the way to the bank, but you just don’t expect the unexpected.

So the moral of the tale is, always, always make sure you have adequate Insurance cover from Pet Insurance, Home buildings insurance, life insurance, home contents insurance and of course travel insurance.

You can get some really affordable cover if you just do a little research and find the best value out their, but let me promise you, the best value you can ever get, is actually having the cover when a disaster strikes.