| Message |
Author |
|
 Posted: Wed Jul 22, 2009 9:12 pm Post subject: Insurance becoming a liability. |
|
|
Anyone else noticing insurances change from asset to liability?
Thanks,
Mark,
a big fan of Paul Hulsebusch.
_________________
Register Now to have your Insurance queries solved. |
|
marlinark
Guest
|
|
| Posted: Thu Jul 23, 2009 1:42 am Post subject: |
|
|
Would you like to explain why insurace could change from being an asset to becoming a liability?
_________________
I am an insuranc sales coach for almost 2 decades. I have a collection of insurance agents' sales stories. To know more, you can visit http://www.stories-connect.com or http://xoseph.wordpress.com |
|
Xoseph
Preferred member
Joined: 30 Jul 2008
Posts: 119
Location: Malaysia
40.49 Dollars($)
|
|
| Posted: Thu Jul 23, 2009 1:54 am Post subject: |
|
|
| Ya I really don't get this either. Unless the poster is implying with the cost of insurance it is becoming more of a liabilty (to your budget) than an actual asset. Some people consider carrying good insurance an asset and I guess in a way thats not a bad way of looking at it. |
|
fireyone
Senior member
Joined: 07 Jan 2008
Posts: 1988
0.00 Dollars($)
|
|
| Posted: Thu Aug 20, 2009 10:53 pm Post subject: |
|
|
| I think he is referring to actually having insurance. In this case, I haven't noticed at all. Health/life insurance, home-owners insurance- I think it's all still very much an asset. It's just that in this dwindling economy, less and less people are able to afford it, and think they don't really need it after some time without it. I guess it just really depends on the individual person and their lifestyle. |
|
joyhealth
New member
Joined: 12 Aug 2009
Posts: 5
6.15 Dollars($)
|
|
