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Why should someone get insurance?

Updated: 8/17/2019
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Wiki User

14y ago

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Insurance is one of the most important things that every person should have. Insurance is nothing but protection in case of unexpected mishaps. for Ex: if you have medical insurance, if you fall sick you do not have to pay out the full medical expenditure from your pocket. Instead you would have to pay 10 or 15% of the expenditure and the insurance provider would pay the remaining. To avail this service you would have to pay a small fee to the insurance company every year/month.

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14y ago
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