Insurance is your life’s GOALKEEPER – your last line of defence. If all else fails, you will need to count on your insurance to be there especially for financial woes.
In fact, we frequently get this question asked and answered by our friendly Seedly community in our Seedly QnA:
“What are the key insurance policies that I really need?”
Why Do We Need Insurance?Basically, it protects you from 3 Worst Case Scenarios:
You pass away prematurely and your dependents (e.g family, kids) inherit your debts and loans while losing a source of income You come down with a terminal illness eg. cancer (most common) and get hospitalised often while having to foot the bill for expensive treatment sessions You get into an accident and survive but face expensive hospital bills and follow up treatment Let’s Make A Complicated Product, Simple!A lot of people believe that insurance is
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