Even with all the advancements in technology, one cannot foretell the future. There are many ways by which people can remain prepared for the future. One should not be a complete pessimist either—thinking that everything would go wrong and there is no means of safeguarding oneself from adversities. Personal Accident Insurance plans can help people secure themselves from financial stress at the time of an accident. There are often people who invest in multiple personal accident insurance plans just to make sure they have every kind of cover. This is not required. People need to buy one policy that is comprehensive enough to cover all their basic needs.
On the other hand, there are people who do not like to think about any negative things—being optimistic is ‘supposed’ to be better. They would rather not think about the need for insurance than think and stay prepared for the worst. But extremes of anything is not good, on the contrary it is harmful.
