Tag Archives: Why is it necessary to have insurance?

What is the basic purpose of insurance?

What is the basic purpose of insurance?   In South Africa, the primary goal of insurance is to give people, families, and companies financial stability and protection against unanticipated risks and occurrences. By offering a financial safety net, insurance helps lessen the financial effect of unforeseen circumstances like theft, natural disasters, diseases, and accidents. 1.… Read More »

Why is it necessary to have insurance?

Why is it necessary to have insurance? Why is it necessary to have insurance? In South Africa, getting insurance is both an essential and prudent financial move. The nation’s distinct economic, social, and environmental environment poses a number of dangers that can significantly affect people, families, and enterprises. In South Africa, insurance is essential for… Read More »