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How Many Insurance Policies Do You Have?

Nomad

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There are multiple types of insurance policies, including life, health, travel, homeowner, and business insurance. Even within the same category, you can find different policy options. For example, life insurance comes in various types such as whole life, term life, etc. The type of insurance you choose depends on your need. How many insurance policies do you have?
 
I don't have any insurance policy, to be honest. I've had a chronic illness since college, which has made it difficult for me to acquire one because of my limited finances. It's challenging to get insurance because they usually require applicants to be healthy.
 
In my country all health bills are 100% paid for by the government. So no need for health insurance and it is the same for dental. (100% free) I have home insurance and 2 auto policies for my vehicles.
 
@Stardom22 . That I would say has been a wise decision on your part as a parent. I am doing the same for my daughters. So far, I have not taken any education loan for them. I have managed their education expense from my salary and savings. We hope to do so for their post graduation and higher studies too, if they want to pursue it. As far as possible, we would like to minimise the amount of loan as much possible, if any need arises. Also, my daughters have started earning a bit while in college doing some internship jobs that adds to the experience on their resume and also gives them some monetary benefits. I ask them to save it all for higher studies and take pocket money from me as far as I can afford to. I don't want them to be overburdened by paying loan off right from the beginning of their job career. That can be really stressful.
 
I have a health insurance. And I am in the process of getting an auto insurance. I think those are the ones I need for now.
 
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