What insurance is reasonable to have

many insurance is scam - like credit insurance etc (banks are trying to upsell any crap and it does not cover u and is structured in the way that loopholes will allow insurer never pay u money)

in that light - what insurance is reasonable to buy ?
home insurance ?
health insurance ?
boobs insurance ?
etc ?

In your case get insurance for a new brain and get a life!

By the way this question is written, I am going to guess that English is not your first language. By the "boobs insurance" comment, I am going to guess you are younger than 20 years.

In answer to your question, I would only purchase insurance that you are required to purchase, such as automobile insurance and homeowners insurance. Both of these are known as Property & Casualty Insurance, and they protect both you and those who might be injured (financially or physically) by your automobile or the hazards created by your home and property. These make a lot of sense.

Health and Dental insurance are SMART to obtain, because if you get sick, or are severely injured, they should be able to help you pay your bills. This type of insurance falls into a larger category called Life & Health products.

Life insurance is typically meant to insure against things like the premature death of the person when they have a family with bills to pay, or college plans that would be derailed if, say, their mother and father died young. This can be a worthwhile coverage to have.

All insurance is HIGHLY regulated. Scams are out there, and there are unscrupulous people who will try to get over on you because they think you don't know any better.

The important thing is to LEARN about the rules for policies in your state, because all insurance laws vary from state to state. Your state will have a Department of Insurance, and very often, they will have FREE brochures, pamphlets and information on all types of insurance. They will tell you about the laws, about types of scams, and about questions you should ask, as well as describing different types of policies for you.

A few closing notes:

Frequently, insurance on a credit card, or on financial services is redundant, because there is already some degree of protection for you. Your state insurance department can tell you a bit more about it.

Whenever someone tries to sell you something involving an insurance product, ask them why you would need it and what license they have to sell it.

When in doubt, don't purchase it until you have had time to research it, and ALWAYS insist on reading the policy before signing on the bottom line. Then once you have signed, read the policy to make sure no changes have been made.

Not all insurance is a scam, but companies DO save money and stay profitable by denying claims. The key is simply to know what is and is not covered, then at least you don't expct someone to pay for something you have no coverage for.

You must have car insurance if you drive.

If you own your house then home buildings and contents ins. is essential.

Health ins. is nice but not essential.

If your self employed then some form of income protection could be a good idea.

The trouble with insurance is that it's one of the few things you buy but hope never to need.

Car insurance - legal to have at least third party
Buildings Insurance - legal if you have a mortgage.
Contents insurance - with Accidental Damage, Personal belongs cover this would be recommended.
Life Assurance
Health not needed - Densit is Â£20 every 2 years for check up
Payment protection so many things to compile with waste of time
Mobile phone - that covered by your household insurance of contents
Travel Insurance if you travel - annual is only a bit more than many one of those weekly ones
Hope it helps

I do not know about boob insurance, ha. ha. but , if you want the best, go State Farm, they have it all.

You might want to try and bookmark this site for research information on health insurance. news, articles and more. It may have the resources to help you with your question.

http://www.healthinsurance-guide.net/

The most common types are

- motor (legal requirement)
- household (buildings & contents)
- travel (where not taken out via agent when booking)
- pet
- business (liability)

You know and understand your own lifestyle and level of risk-taking. Purchase your insurance cover accordingly.

You need legitimate insurance to cover you against common risks. So, you absolutely need automobile insurance and homeowners insurance. Even if you didn't want them, if you owe on the car or the house, the lender will require them. You also need medical insurance. Health insurance often refers to disability insurance, and you can live without that, but medical insurance which helps you cover your medical expenses, is critical. Others, disability (health), term life, are good insurances while you have a family depending on you. These insurances will ensure that they have some income if you are disabled or dead. Those cover most risks for most people, with some people needing some speciality insurance if they have unusual risks and assets.

from my view you should have health insurance,car insurance and home insurance for peace of your mind before death and after death.For more insurance queries check www.financialqueries.com

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