Asset Protection

You surely know that the currency has value. But, do not think only the only currency that has value as an asset too. Yes, the assets have economic value. So what exactly is the purpose with an asset?


An asset is anything that has value. An asset can be tangible (visible) or intangible (not visible).Tangible assets is something you can see, such as a cow, a car, a house, plant or soil.
Intangible asset is something that you can not see, such as talent, ability and experience, in this context, human life is also an asset.
And insurance aims to protect the economic value of these assets.

damage to Assets
However, these assets may be destroyed or rendered unusable due to an accident or an incident that is not accidental. An accident or an incident of unintentional is called a disaster. Fires, floods, earthquakes, landslides, sickness, disease, death and other unfortunate examples.
Damage or destruction that may be caused by calamities is owned by the risk asset. Risk herein, means the possibility of loss or destruction or uncertainties faced by the asset.
Human Life - The most valuable asset
Human life is an asset that can bring in revenue. These assets are also facing risks such as death, illness and disability caused by accident.
Risks such as disability and death makes a person unable to obtain income. This resulted in the parties that depended on him (eg family) experiencing hardship.
"Life insurance provides protection against such risks."
( source : http://pmansyah.blogspot.co.id/2009/01/perlindungan-aset.html )

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Ditulis Unknown — Friday, 1 April 2016 — Add Comment — Insurance