I am glad that Eugene and I made the decision to purchase insurance for Caitlin right after she was born. When she was three years old, she caught pneumonia and had to be hospitalised for a week. Thankfully, with her insurance, her medical bills for the hospitalisation, and pre- and post-illness visits to the doctor were covered.
And if you have taken a home loan, it is advisable to also get a Mortgage Reducing Term Assurance (MRTA). MRTA helps to settle your housing loan in the event something happens to you. It can cover the unpaid portion of your loan and your family can rest assured they will not lose the house.
A few months ago, Eugene's car was hit from the back by a van. Again thankfully for insurance, a large part of the repair cost was covered.
Many insurance companies are pretty innovative nowadays offering various types of insurance from the regular life to
home, car, education, savings, investment types of insurance. And with the convenience of the Internet, such companies also offer value-added services. Some independent companies such as this one, helps you to even compare car insurance.
Getting insured has never been easier. Other than meeting face to face with an agent, we now have the information and ability to purchase online simply with the click of the mouse.
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