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Every year, on the second Wednesday of October, citizens and governments all over the world observe the United Nations' (UN) International Day for Disaster Reduction. According to the UN 'the objective of the observance is to raise awareness of how people are taking action to reduce their risk to disasters.' Countless people lose their lives and their homes to natural disasters every year, from droughts and earthquakes to hurricanes and tsunamis. This year take a moment to think about how you are protecting your family against the risks they face? Do they have the financial protection they need to survive flooding, fire, illness and even the death of a family breadwinner? Learn more about the importance of insurance, from life cover to funeral cover.

Each and every one of us faces risk on a daily basis. Our homes are vulnerable to fire, flooding and theft. On the road, we face the risk of accidents, from bumper bashings to fatal car wrecks. Children and adults alike face the risk of illness, be it a cold caught at school or a sudden and unexpected stroke or heart attack.

As parents you do everything you can to protect your family from risk. You install alarms and burglar bars to protect your homes and drive defensively and carefully on the roads. Your family's health is one of your top priorities and you insist on regular exercise and healthy food. The hard and fast reality is that you cannot always protect yourself and your loved ones against theft or car accidents and tragedies like serious illness and death. What you can do, however, is ensure that you are financially protected against these risks with insurance.

Insurance provides individuals and businesses with protection against risk. To quote Investopedia, insurance is a 'contract (policy) in which an individual or entity receives financial protection or reimbursement against losses from an insurance company.' For individuals these losses range from the theft of a car to loss of income. As a parent and breadwinner you should have the following types of insurance:

• Life cover to protect against the loss of a family breadwinner

• Disability insurance to protect against loss of income if you are ever unable to work due to disability

• Funeral insurance to cover funeral expenses

• Short-term insurance to protect your assets, for example your car and household contents

• Medical aid to cover medical bills

• Dread disease cover to provide financial relief if you fall victim to a serious illness like cancer or have a heart attack or a stroke AVBOB Funeral Cover, Visit Site Here, AVBOB Life is not always kind and families all over the world fall victim to countless tragedies every day. Make sure that your family has the financial protection they need with insurance.