The power to make a living is priceless | Bangkok Post: news

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The power to make a living is priceless

The power to make a living is priceless. So why are you not protecting it? Perhaps back home these things are taken for granted. As an expat, you are effectively on your own when you live abroad.

Last week, we discussed the need for life insurance. I hope it enabled you to make a meaningful evaluation about whether you need cover.

Now let's consider what would happen if an even greater financial disaster than dying hit you. Suppose you were disabled or struck down by a serious accident or a dreadful disease? Unable to work and reliant on constant, expensive medical care, you would find your entire financial world turned upside down. Securing insurance to cover you for lost earnings is something you ought to seriously think about when you evaluate whether you need personal or family protection insurance.

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Your comments

  • Discussion 3 : 14 Nov 2012 at 01.473

    Funny how salesmen from insurance companies and banks always call themselves "advisors".

  • Discussion 2 : 11 Nov 2012 at 17.152

    The writer sells insurance. This is essentially an advertisement.

    And no, you do not need to "insure your pet for $25,000". Please.

  • Discussion 1 : 11 Nov 2012 at 08.321

    Or, with the exception of that which is absolutely required like car liabiity and major expenditure health insurance, you could put the money you would have thrown away on useless coverage and put it in a savings account for a rainy day. Insurance companies make billions of Dollars every year using fear of the highly unlikely as a selling tool.

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