FIN 004

Banking and Finance

NAME: AGUILAR, JULES D. DATE: 11/8/2021
SECTION: BAFM11S1

Insurance

Insurance helps the society and community to regain loss in their assets. One thing I love about
investing in life insurance is that I don’t have to worry about my future all tho I still have to take
care of my assets but atleast if there is any fall back I encounter there will be a net beneath I can
fall unto and I have my back up plans together with my insurances. And my thoughts about
General insurance is that General insurance is a protection contract that is not related of life
insurance. Basically, general insurance provides protection against losses arising out of various
risks to the important things you value such as business, motor vehicle and home, that why also
Insurance can get you a better living life with no too much baggage of problems in your head.

Insurance can lessen your worries about not just on your own future but also for your family and
business. Business insurance is also very important when making you’re starting in a market
especially if you are a entrepeneur, it takes so much risks when It comes to starting a business so
Inable to be suffecient and be able to handle things carefully you have to invest in your business
insurance so that you are able to have that safety net just in case of your fall back and you can
get up faster then keep on moving forward.

Honor Pledge:

I affirm that I have not given or received any unauthorized help on this
assignment and that this work is my own.