Why should you buy insurance now?

Many people are faced with financial catastrophe because they simply plan too late.

There is a saying, "People don't plan to fail, but they fail to plan". It's so true.

You have to plan now! If you are not cash rich with no liability, you better have insurance in your financial portfolio. You also have to make sure you buy the right insurance with the right coverage.

So why do you have to plan now?

1. It is because you never know what is going to happen in the next moment. You can predict, you can hope for the best, but you simply don't know what is going to happen next. Try going to hospitals, ask the patients if they expect to get sick or accident or dying. Believe me, no one expect themselves to be in the hospitals. But it just happened.

2. It is because tomorrow you get older. Tomorrow you don't know what is going to happen to your health. Once you are older, the insurance will become more expensive. Once your health deteriorate, you may have to pay more premium or there may be exclusions in the coverage or the insurance company may not even want to give you the coverage.

So now is always the best time to plan. Please don't wait until it's too late.

Don't leave things to chances. Plan to the best that you can, for your sake and your loved ones sake. I believe you want to save, protect and grow your money right?

Just remember this, insurance is like a lifeboat. You must have it before you need it! You must have the life boat in place before the ship set sail. Because once you sail and something happen to the ship in the middle of the ocean, how are you going to get a life boat? It may be too late.

I am not going to sail without a lifeboat. How about you?

Cheers! Have a great day.