Insurance as a Necessary Expense
By Hluma Insurance Brokers
In today’s unpredictable world, the importance of insurance cannot be overstated. Whether it’s a car accident, sudden illness, natural disaster, or the unexpected death of a breadwinner, life often throws curveballs that can derail our financial stability. This is where insurance steps in—not as a luxury, but as a necessary expense.
For many, insurance premiums may feel like a burden, especially when times are tough and every cent counts. But the truth is, the cost of not having insurance can be far greater. Imagine losing your home to fire or flood with no financial backup, or being involved in an accident without medical cover. Insurance acts as a financial safety net, helping individuals and families recover without falling into deep debt.
In Eswatini, awareness around the importance of insurance is gradually increasing, but there is still a long way to go. Many people only consider insurance after a major loss—by then, it’s too late. It is important to shift the mindset from “I will insure when I have money” to “I will insure to protect the money I have.”
There are different types of insurance policies available for various needs—motor, home, life, health, and business cover, to name a few. Each type serves a unique purpose but shares one goal: to protect you and your assets from unforeseen losses. Choosing the right insurance through a trusted broker ensures that your cover suits your lifestyle and budget.
At its core, insurance is about peace of mind. It’s about ensuring that your family, your business, and your future are secure even when life takes an unexpected turn. While it may not offer immediate gratification, its value becomes crystal clear in moments of crisis.
As premiums rise and risks increase globally, now is the time for Eswatini’s citizens to embrace insurance not as an extra cost, but as a strategic financial tool. In a world of uncertainty, insurance is one of the few certainties we can plan for.
After all, it’s better to have it and not need it, than to need it and not have it.