Thinking about the future, this is one of the approaches that is not always present in people until they go through an eventuality, be it an illness or the loss of a business or good.
The COVID-19 pandemic has caused some to consider new ways to avoid going through difficult financial times again. In the market there are several options to attend to eventualities that may occur, such as insurance. The Ecuadorian Institute of Social Security (IESS) is one of these that considers medical assistance as well as reaching a retirement pension at the time of retirement, as well as other aid.
Insurance, is it convenient to hire one?
Joining the IESS is an obligation for employers and they must do so with their workers. You can also opt for voluntary affiliations, however, this is not the only way to opt for a resource at retirement.
There are several products that are offered and allow you to save for the future. One of these are life insurance and savings. For those who do not wish to join the IESS and are self-employed, they can opt for these as it will allow them to have a resource in their future, in case they need medical assistance they could also obtain one.
Insurance is a contract that a person signs with a company, which provides protection against a loss according to the established clauses.
On the web pages of the insurers it is detailed that taking out life insurance with savings will allow the insured to have a lot of retirement, although this can be withdrawn in total, the monthly payment of this value can also be considered.
These types of products are interesting for those who seek to project themselves in the long term. One of the companies estimates that contributing $50 a month for 40 years could get up to $70,000.
Insurance can become a salvation in case of eventualities, it is necessary to compare the benefits that each one has as well as the coverage before hiring one, as well as the legality of it. (YO)
Source: Eluniverso
Paul is a talented author and journalist with a passion for entertainment and general news. He currently works as a writer at the 247 News Agency, where he has established herself as a respected voice in the industry.
