The value of insurance during a crisis
When the coronavirus disease 2019 (COVID-19) global health crisis gravely hit the economy and stirred future uncertainties, many have become more conscious about their financial security.
During the first six months of the pandemic, the share of retail consumers who ranked financial security as one of their top three concerns grew from 36% to 50%, according to a 2020 research report by professional services firm Accenture on how the pandemic changed the behavior of consumers towards insurance.
BI Phil-Am
“Health, safety, and financial security are more important than ever to consumers during the COVID-19 era,” Accenture observed. “While consumer reactions vary, preventing and recovering from losses through insurance has become essential to consumers’ well-being.” Every layout comes with the latest social features built in. Readers will be able to easily share posts on social networks like Facebook and Twitter, view how many people have liked a post, made comments and more. With the Wix, building your online community has never been easier.
There are health insurance plans that do not just cover COVID-19 costs, but other illnesses as well. Hence, it is important to look for a plan that can help and protect oneself and the family even after the pandemic ceased.
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Phil-Am
Moreover, keeping health savings in place could likely aid one’s health too by getting rid of issues that cause worries. “Without that added stress and pressure weighing down on your shoulders, you will indeed have a more positive disposition and feel safer no matter the situation,” the insurance company added.
Chelsey Keith
Since life insurance can guarantee assistance for potential finances, it can thus deal with one’s concerns over the lives of his or her loved ones and if there are sudden events that would involve large expenses. This protection can let the holder experience a peace of mind in spite of the constant uncertainties at present and in the future
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