Got Insurance?
Having insurance is important. This includes health, life, dental, house, car, and even pet insurance. There is insurance for everything you can imagine, and it’s your responsibility to decide what kind of insurance is necessary for you and your loved ones, and what kind you can live without. My grandfather raised his children (my mom) without having any health insurance. He kept a large savings account to draw from if there ever was an emergency, and he chose not to pay a monthly fee for insurance. However, he got lucky. No one was ever seriously injured or ill. His was of providing health insurance for his family is not advisable, especially considering modern medical costs.
Health and car insurance are two types of insurance families should not go without. It is illegal to operate a car that isn’t insured, and it is unwise to live without health insurance. Medical bills can be in the hundreds of thousands of dollars, and very few people have that large of savings accounts. My friend recently broke her arm and is now faced with $40,000 worth of medical bills, all because she chose not to have health insurance.
