why insurance is essential for us?

Every day we face different problems like natural and uncontrolled human activities which could lost our ,millions of property. Therefore to overcome those property insurance is important. As insurance is the main way of business and individuals to reduce financial impact of a risk occurring in the near future. There are different types of insurance,as homeowner insurance,vehicle insurance,life insurance,animals and crops insurance.So, if we face the problem in the near future then we may overcome the value of it if we have done insurance of it.

Home insurance is important because if the natural disaster like,flood ,landslide,fire damages the property of the home then it could be overcome but some may be expectation.  This type of insurance is famous all over the world.

Identity theft insurance is also becoming popular in these days because if the you lost your identity card then other impersonal may use it and take advantages.Even the criminals are using this card to withdraw the bank balance and rent a house along with the information in it to get the job.It can be avoided by the following points:

• you must keep the amount of personal information in your purse or wallet to the bare minimum. Carrying of additional credits cards and your social security cards or passport unless it is very much essential.
• be careful do not give out the personal information,whether on the pone or on the social medium unless you have initiated the contact or sure you you know whom you are dealing with.
•  You probably should shred any documents containing personal information such as credits cards numbers bank statement,charge receipts or credit card application,before disposing them.

If you are victim of a crime ,report to the police station or credit card company as possible as you can to secure your credit card .

Animals insurance is also essential for us,more essential for farmers because if you love your pets or you are doing the farm of animals then you must probably benefited.If animals get sick then the insurance company  obviously help you.So, it is also important.

Vehicle insurance is the most popular insurance in the world.If you have done the insurance of the vehicles then you may be overcome it if your vehicle get accident or got theft.So motor vehicle is also essential.

Therefore, insurance is very much essential for us. Everything we lost would be overcome and it makes our life much easier and safer.