 |
| TERTANGKAP!! Pelarian Bos Miras Oplosan Berakhir Di Hutan Musi Banyuasin |
Sumber: https://news.detik.com
Baca Juga:
Life insurance: Back to basics
Currently contemporary insurance contracts such as life insurance are born from the practice of merchants in the 14th century. Also, because it is similar to an insurance contract before giving birth, it has been accepted that various types of security measures have been implemented.
From hundreds of years ago to a large percentage of today, the tremendous growth of life insurance is not a tremendous miracle in today's business life. Essentially, life insurance is an essential part of human needs due to the constant demand for economic stability, the increasing need for social stability, and the desire for protection against the hazards of cruel disasters and sudden economic shocks. It was one of them. Insurance is no longer a monopoly of the rich. In contemporary society, insurance contracts have a desire with many families who feel uncomfortable in simple ways, so there is no longer a day where only the social elite protects. It is woven into every corner of the national economy. It touches the most sacred and most sacred relationship in human life. Parents love. Love my wife. Kids love. And even business love.
Life insurance as a financial protection
The life insurance contract pays an agreed amount commonly referred to as the total amount guaranteed under certain circumstances. The amount guaranteed by the life insurance contract is intended to address your financial needs and your dependents in case of death or disability. Therefore, life insurance provides financial compensation or protection against these risks.
Life insurance: general concept
Insurance is a means of expanding risk. Basically, insurance companies or insurance companies will collect premiums that all customers pay. Theoretically, a collection of premiums responds to any insured losses.
Life insurance is a contract that guarantees that one party suffers losses due to the death of another. Life insurance is a contract of the amount determined by the insurance company (insurance company) and is a contract to pay a certain amount when another person dies within the time constrained by an insurance contract. Life insurance includes accident insurance because payment of insurance payments depends on the loss of life and, in a broader sense, life is insured in any contract.
Therefore, life insurance contracts are made between the policyholder (insurance company) and the life insurance company (insurance company). As compensation for this protection or compensation, the policyholder pays the premium for the agreed period of time, depending on the type of insurance purchased.
Likewise, it is important to note that life insurance is an important policy. This means that this is not a compensation agreement. In the lives of parents and others, the interests of the insured are generally not influenced by accurate monetary measurements. You can not just put a price tag on someone's life. Therefore, the size of the damage can be anything as long as it is fixed in the policy. However, the benefits of the insured person are more susceptible to accurate monetary measurement if the creditor that guarantees the life of the obligor is involved. In this particular scenario, interest on an insured's claim can be measured because it is based on the value of the obligation.
General life insurance contract
Generally, life insurance is often sold in response to retirement plans, savings and investment goals, apart from those mentioned above. For example, a pension can earn an income during your retirement years.
All life and donations participating in insurance contracts or related investment schemes (ILPs) of life insurance contracts summarize savings and investment aspects and insurance coverage. Therefore, insurance premiums with the same amount of insurance will be more expensive than buying pure insurance products such as ordinary insurance.
The advantage of this product package is that they tend to collect money over time and will eventually be refunded if the policy is mature. Therefore, if the death benefit is related to the cash value, the death benefit will be paid after the insured dies. However, with term insurance, the accumulated cash value is not possible.
In most countries, it is common to sell products that are bundled as savings products. This is a unique aspect of modern insurance practices in which some insurance premiums paid by insurance companies are invested to build cash value. The downside of this practice is that investment premiums are subject to investment risk and, unlike savings, the guaranteed cash value may be less than the total premium paid.
Basically, as a future policymaker, you must thoroughly evaluate your needs and objectives. If your target is to protect your family's future, ensure that the product you have chosen meets your protection needs first.
Real World Application
It is imperative to make the most out of your money. Splitting your life insurance on multiple policies can save you more money. If you die while your kids are 3 & 5, you will need a lot more life insurance protection than if your kids are 35 & 40. Let's say your kids are 3 & 5 now and if you die, they will need at least $2,000,000 to live, to go to college, etc. Instead of getting $2,000,000 in permanent life insurance, which will be outrageously expensive, just go for term life insurance: $100,000 for permanent life insurance, $1,000,000 for a 10-year term insurance, $500,000 for a 20-year term insurance, and $400,000 of 30 years term. Now this is very practical as it covers all that's necessary. If you die and the kids are 13 & 15 or younger, they will get $2M; if the age is between 13-23, they get $1M; if between 23-33, they get $500,000; if after that, they still get $100,000 for final expenses and funeral costs. This is perfect for insurance needs that changes over time because as the children grow, your financial responsibility also lessens. As the 10, 20, and 30 years term expires, payment of premiums also expires thus you can choose to use that money to invest in stocks and take risks with it.
In a world run by the dictates of money, everyone wants financial freedom. Who doesn't? But we all NEED financial SECURITY. Most people lose sight of this important facet of financial literacy. They invest everything and risk everything to make more and yet they end up losing most of it, if not all- this is a fatal formula. The best approach is to take a portion of your money and invest in financial security and then take the rest of it and invest in financial freedom.
Ultimately, your financial plan is constantly evolving because you are constantly evolving. You can't set a plan and then forget it. You need to keep an open eye on your money to make sure it is working hard because that money needs to feed you for the next 20-30+ years that you will be in retirement. You have to know how to feed your money now so that it can feed you later.
