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Why is it important to have insurance?

2 Answers

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In case if you crash your car you will get money but if you crash your car without insurance you will have to pay with your own money
User Gitau Harrison
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7 votes

Step-by-step explanation:

Insurance is a agreement where a person gets financial protection or compensation on any type of damages from the insurance corporation.

It is important to have insurance because of the following reason

  • To secure our life.
  • Health insurance provides all healthcare costs.
  • Insurance is important because it assures that you are financially stable to face the problem.
  • Insurance secure health, driving, machine vehicle, and house.

User Aembke
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6.2k points