Choosing the right insurance

Choosing the right insurance products is the best decision you can do. To set the choice of insurance product that is not easy to fit. But we will try to help you to set the appropriate options and wise.
Product insurance measure, ideal if you selected requires protection in the period of time. After that period you do not need it anymore. Credit protection against the home, is an example of the right. Suppose the home loan period is 10 years old, you can buy insurance with the measure 10 years with the large amount of credit protection available.
Other situation is when you need a more permanent protection and requires that insurance money is big enough and you have a limited allocation of funds to purchase insurance. So insurance measure is the most appropriate choice for this situation, in which asurasi provides maximum protection with the lowest insurance premiums when compared to other insurance. For example, if you are in the beginning of your career, and you have limited funds to purchase permanent insurance like whole life, because so many needs such as home loan repayments, and the needs of children. Thus, the measure of insurance can be the right choice.
While whole life insurance is very important for the protection of families in some situations, such as the protection that you need a permanent fund to meet the specific needs, the cost of living needs of the abandoned, the cost of burial, or the cost of the hospital before death. One thing to consider is the size of the premium must be in accordance with that you and your family enjoy. Take into account the appropriate and wise.
When you see other than the protection for the family, you also want to collect funds through savings, which can be used for the needs of families when there is an emergency or risk of death occurred.
Dual-purpose products not only provide benefits after your death but also the benefits of life. Examples of this product is insurance education, insurance funds to provide each child you will go to the school level, such as elementary, junior high, high school to college, and stay awake if there is risk of death. The important thing is the high insurance premiums this type, so we recommend you not to buy it.
Insurance can be a dual-purpose choice if you need other than the protection for the family but also the development of investment funds that have cash value in insurance is. Problem in Indonesia, this type of insurance to provide the interest rate is relatively lower than the interest rate on bank savings. Thus, these products are still less interesting.
The situation with the other in Singapore, where the savings rate is only around 0.2% while the savings through the dual-purpose product can provide up to 4%.
Thus some situations that you can be sparing our considerations made in selecting the right insurance products, so that planning protection you want in accordance with the financial needs of your family.