Reader’s Question:

Do I need to get accident insurance?

Miguel

Miami FL

Some individuals may not need this accident insurance if they have comprehensive health and disability coverage and adequate financial resources to pay for accident related injuries. However, you should still consider obtaining for one if:

• you do not have enough funds to pay for the extra bills associated with the injury
• you can not afford time away from work, and may not have enough savings to keep up with mortgage, credit card, utilities and car related bills
• you want a separate coverage from your employer
• you are your family’s bread winner
• you do not have any form of disability coverage
• your savings are allocated for long-term goals

Accident and insurance will always be related. It can stimulate a person to be prepared and can assist financially when circumstances will occur. But, despite its formidable core of protection and preparedness, accident and insurance should not be overlooked as a medium and an aid. It has to be recognized as important and must not be abused by anyone or else, you might lose your own life along the way.