4 Cheap Insurance Policies To Avoid

Cheap Insurance Policies

Cheap Insurance

Whether it is auto insurance, health insurance medical insurance, travel insurance or life insurance, a cheap insurance is always the first type of insurance to attract us. But, here is why this should not be the case.

1. Cheap Auto Insurance

Cheap auto insurance can be extremely enticing, especially if you’re one of those people who think “I’m the best driver in the world. I;m never going to hit someone”. Chances are that you probably won’t hit someone but, don’t forget that there are always chances of someone hitting you. At this point that cheap car insurance won’t look so welcoming as it is only at that point that you will notice the many million clauses.

2. Cheap Health Insurance

Insurance cheap health may not be the best bet for you for the simple reason that a cheap insurance will not have you back at the time of need. Also, most cheap health/ medical insurances do not offer coverage for pre-existing conditions or offer only partial payment, which is really no good.

3. Cheap Travel Insurance

Travel insurance cheap may seem like a good idea for a short vacation. But, in the case of an emergency you will find that it doesn’t really help you. Especially if you are in a place where healthcare is actually very high. Another problem with cheap travel insurance is that it does not cover cancellation and fly-back coverage.

4. Cheap Life Insurance

Cheap life insurance rates can be ever so appealing but, the one major drawback is that at the end of the day, the amount receivable by the dependent is not a very reasonable amount. An important point to keep in mind is that your life insurance policy will do you little to no good if it is a cheap insurance premium.