Confused about Choosing Insurance, Here Are 7 Types of Insurance for You!
Many people feel that they don't need insurance yet. Even though insurance is a financial safety net. Without insurance, your personal financial condition can be easily shaken if financial risks occur.
That's why National Insurance Day is held every October 18, in order to find out
In addition, choosing insurance that is suitable for you is also not an easy thing. You must be able to consider various factors, such as the premium price that must be paid, the benefits received, and whether the protection is suitable for your needs.
On this National Insurance Day, the Super You Team has prepared 7 types of basic insurance that may be suitable for you. Come on, read which one suits you!
What is Insurance, Why Is It Important?
Insurance is an agreement between the Insurer (the insurance company) and the Insured (the customer whose risk is covered).
The agreement states that the Insured is obliged to pay contributions (premiums) to the Insurer, and if there is a financial risk, the Insurer will provide a large amount of the sum insured to the Insured. All this is regulated in the insurance policy.
Insurance is important because its function that can divert financial risks that may occur to you. That way, you don't need to have liquid funds other than an emergency fund. Insurance also guarantees the economic stability of the individual who owns it.
7 Types of Insurance You Might Need
There are various types of insurance in Indonesia. However, the type of insurance required depends on various factors. For example, your age, marital status, and the risks you have to bear.
We will explain the following 7 basic insurances.
1. Health Insurance
Health insurance is insurance that covers health risks, such as the cost of hospital bills. This type of insurance is considered one of the basic insurance that must be owned by all groups. Because anyone, young or old, can be at risk of developing the disease.
The benefits of health insurance can be:
- Reimbursement of outpatient bill costs;
- Daily compensation for hospitalization costs;
- Coverage for operating costs;
- Coverage for death.
- Suitable for: Everyone.
Of course, there are various types of health insurance. Therefore, you must first learn which health insurance is suitable for you.
2. Life Insurance
Life insurance is a type of insurance that covers the risk of death. Everyone will definitely die one day. However, the risk of sudden death, especially among the breadwinner, can lead to a loss of income for one family.
Therefore, the function of life insurance is to provide financial support if a person can no longer provide for his family, whether due to death or others.
The benefits of life insurance can be:
- Money is given when there is a risk of death, or
- Money is given when the Insured is no longer able to work due to the risk of Total and Permanent Disability.
- Suitable for: Those of you who are married, breadwinners.
3. Education Insurance
Education insurance is insurance that guarantees the provision of money for your child's schooling. Because education continues to increase, there is nothing wrong with starting to plan with education insurance.
Benefits provided:
- Cash according to the specified time, usually can be arranged according to when your child enters school.
- Suitable for: New parents, couples who already have children.
4. Accident Insurance
Personal accident insurance is insurance that covers the financial risk of an accident, be it the cost of an operating bill or coverage for accidental death. Usually, this accident insurance covers only people, not vehicles.
Benefits provided:
- Cash on the risk of accidental death;
- Reimbursement of surgical expenses or other hospital bills due to injury.
- Suitable for: Young people, especially those who often travel or ride motorcycles.
5. Travel Insurance
Travel insurance is insurance that protects you from the risks that exist while you are on the go. This insurance is usually only paid once, not routinely per month like other insurance.
In addition, usually, this one insurance has been used as a package with the travel ticket you bought. Whether it's a plane or a train, of course, there is already an option with travel insurance.
Benefits obtained:
- Guarantees for the safety of baggage;
- Guaranteed on-time departure;
- Cash in case of risk of an accident;
- Reimbursement of emergency medical expenses.
- Suitable for: Those of you who need to travel far.
6. Vehicle Insurance
Vehicle insurance is a type of general insurance that covers the financial risks to your personal vehicle. Whether it is a car or a motorcycle vehicle.
Usually, this vehicle insurance is offered at the same time as the purchase of a vehicle. However, you can also buy them separately to weigh which one suits your needs.
The benefits provided are in the form of coverage of vehicle damage costs for:
- Risk of accidents;
- Risk of break-in/theft;
- Risk of natural disasters (floods, hail, and others);
- Risks of terrorism, riots, riots, and others.
- Suitable for: Owners of private vehicles.
7. Critical Illness Insurance
Critical illness insurance is a type of insurance that protects you from the risk of critical illness, such as cancer, heart attack, and stroke. Unlike health insurance, critical illness insurance only protects you from the risk of certain diseases.
Usually, the coverage is in the form of a large amount of cash given at once (lump sum payment) or full coverage of medical expenses until it is recovered.
Such benefits are provided when:
- The insured is diagnosed with a critical illness;
- The insured must undergo critical illness treatment;
- The insured died of a critical illness.
Suitable for: Those of you who have major risk factors for critical illness, especially if there is a family history. Even though you are still young, you can anticipate heart attacks, stroke symptoms, and cancer.
Insurance doesn't need to be expensive anyway!
You can try to find the type of insurance that matches you with Super You online insurance. Super You has 3 advantages over other insurance, namely
Cheap: Starting from only Rp30,000 per
month, the price can be adjusted according to your needs. You can also mix
several types of insurance in one account.
Easy: You can buy an insurance policy
through a website without any intermediaries. It only needs the Insured's ID
card and the Heir's ID card, and a few clicks.
