Insurance for women: must-haves and here is crisis protection!

Insurance for women: must-haves and here is crisis protection!

In a world where financial education is often neglected, Hava Mismi, founder of the digital financial advice platform “Femance”, speaks out on the important topic of insurance and retirement planning. Many people, especially women, tend to avoid the topics of finance and insurance because they are often perceived as uncomfortable. Mismi makes it clear that procrastination, especially when it comes to retirement planning, can have detrimental consequences in the long term.

According to Mismi, mental illnesses are the most common reason for occupational disability. She therefore recommends taking out occupational disability insurance (BU) early on, ideally while you are studying or starting your career. Must-have insurance, which also includes private liability and BU, is crucial to protect yourself from existential financial risks. Nice-to-have insurance, on the other hand, such as luggage insurance, only offers additional convenience.

Focus on must-have insurance

Mismi emphasizes that in times of crisis, the focus should be on must-have insurance. These insurances are essential for financial security in difficult times. Pension insurance can be a useful supplement to retirement planning, especially for self-employed people and low-income earners. However, consumers should be careful to review their insurance regularly, especially during significant life changes such as a wedding or the birth of a child.

Mismi recommends a number of important insurance policies, especially for women: private liability insurance, good health insurance, a solid BU and, if necessary, term life insurance and supplementary health insurance. At the same time, she advises against wedding insurance as it is not necessary for many life scenarios.

The importance of good advice

Sound advice plays a crucial role in selecting suitable insurance. The Fairsicherungsladen offers an example of a positive experience in advice. A need for specialized advice was highlighted here by an official who had previously received unsatisfactory advice from other brokers. He found a friendly and reputable contact point in the fair security shop.

Particularly noteworthy are the long duration of the consultations, which often last more than two hours, as well as the transparent pricing policy. Consultants openly communicate how they are paid and provide needs-based advice without aggressive sales tactics. Such expertise is particularly beneficial for civil servants and teachers.

In conclusion, it can be said that it is worth dealing with financial and insurance issues in order to be better prepared in the future. Timely and comprehensive advice can help to optimally design the individual insurance landscape so that financial risks are effectively minimized.

Further information on the topics of insurance and pension provision can be found on the website of Bridget and The fair security shop to find.