Indeed, many people already know about insurance
In fact, quite a few people know in detail about the ins and outs of insurance. But for some reason, people’s interest in insurance is still quite low. Actually, this is quite a contradiction between reality and what society wants. Just look at how people generally refuse to become insurance holders for their assets even though they really want to have certainty that nothing bad will happen to their assets. Just take the example of home insurance. When asked whether people wanted to become members of home insurance, only a few said yes.
However, everyone definitely wants their home to be fine. They realize that home is their shelter. They also realize that home is the best place for them to relax, gather with loved ones and get entertainment. However, when they are faced with an insurance offer, they shake their heads. Even though not a few of these people know how insurance can provide protection for their home.
Well, let’s assume that most people don’t know anything at all about home insurance. How can this kind of insurance work and provide protection for our home? What will be our obligations and rights? Actually, what is insurance for a house? Let’s try to discuss it together here. Who knows, maybe later you can learn that insurance is not something that will harm you, instead it will have a lot of positive effects on you.
Home insurance, as the name suggests, is insurance provided by an insurance company to guarantee your assets, which in this case is a house. We all cannot know for sure what will happen to your home in the future. Without any tendency to make you afraid, there are actually lots of bad things that can happen to your house. Just take, for example, fires and natural disasters. Both of these things can easily cause you to lose your home. Your house being destroyed due to these two things is of course your loss.
However, if you have purchased home insurance, you don’t need to worry anymore. Basically, the insurance company will help you to lighten your financial burden or even be your substitute to take care of the financial burden completely. In this case, when your house experiences problems such as damage due to fire, the insurance company will provide compensation in the amount of money which was previously agreed upon when you registered as an insurance owner. Just take an example, when you have bought a house for IDR 100 million. Then you buy insurance and you are obliged to pay a premium of IDR 1 million each year for a period of several years determined by the insurance company. When suddenly your house experiences problems as mentioned above, you can receive compensation, the amount of which can vary, such as the price of your whole house or 80% of it or another amount according to a previously agreed decision.
Wouldn’t this be a big relief for you as a home owner if something bad happens to your house? What if bad things didn’t happen to your house? Generally, the premium money you have paid will be returned to you. But there are also some insurance companies that do not refund in full or do not refund at all. Of course, you have to be careful in choosing home insurance. Make sure you get insurance from a well-known company so that the premiums you pay regularly will not be lost for nothing.
