Of all the reasons why people invest in life and health insurance, the most important one is that they are worried for the future. An older man who married late would need to be sure that his young children will have something to live off when he dies. A man who works overseas all the time, under extreme danger from natural predators or security risks, wants to make sure that his wife will have something to live off when he passes.
It could become essential to have health insurance if one is in a foreign land. A mother needs health insurance for her children, in case they get sick. We pay our monthly premiums, not because we think its part of our expenses, but because the premiums will go a long way in ensuring that our family members are taken care of.
I can enumerate a number of reasons why health insurance is a necessity. The first is that health coverage protects me during health care emergencies. This gives me the confidence to carry on as I know that medical bills will not lay me down. I also feel more secure knowing that no matter how expensive a health service is I can afford it as my health insurer will cover it. Another thing is that I save a lot of...
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