You should prepare yourself well for various situations in your life.
At least my parents always taught me that.
There may be lightning strikes, fire damage or even flooding. Life often finds it extremely amusing to surprise you in the most evil way, right?
For this reason, many people are taking insurance policies to protect their loved ones and their property.
Sure, there are many insurance packages which are suitable to assure an individual perfectly, however, there is also a lot of trash which has already been sold to too many people.
In order to protect you from these bad decisions and to spare your money bags we have put together a few which can be missed.
Our list of the worst insurance so far:
In principle, it is very honorable to protect your family members from the costs of your own death, but usually more is being paid in than is being paid out.
Death is an expensive business!
If you are a socially isolated person this insurance can have its advantages. In short this insurance comes into play if persons or services have to be paid for taking care of your home while you are absent.
I think my neighbor needs this insurance urgently. I water his flowers way too often.
This insurance is notably popular at the beginning of the annual travel period. Unfortunately the terms of the contract are often more uncomfortable than the flight in the economy class.
You basically have to get lost together with your suitcase while sitting on it, to fulfill the conditions of refund, otherwise the insurance simply suspects negligence and the claim expires.
Very prudent to think about the well-being of the other passengers and therefore to apply for such an insurance.
However, this is already included in the legal liability insurance.
At least in Germany we have that.
Eyeglasses can be an expensive luxury. Even worse, if you would not be able to read this article without wearing your glasses.
So it’s really excellent that someone has contrived the glasses insurance. Unpractically, there is often a high self-interest to one, unless you are satisfied with the quality of a discounter.
Includes the typical incidental costs of a hospital stay.
Painfully, most of them pay out so little there that the effort is hardly worthwhile.
You all know this one. The small extra insurance which is gladly offered with a big smile when buying a new smartphone or other electronic devices.
Too bad the payout is based on the value after use.
My personal favorite on this list. Well, honestly a little unromantic and probably the trust killer shortly before the wedding. However, this insurance has some interesting advantages. In the case of unpredictable events, parts of the costs incurred with the wedding will be refund.
Unfortunately, this does not apply to the last minute escape of the bride while waiting at the altar.
By which insurance have you been taken in?
Which one do you regret the most?
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