Things just go for worse in Japan, first an earthquake, then a tsunami, and now the threat of proliferating radioactivity. It all makes our hearts ache for both survivors and victims.
Quakes are fatal and emotionally distressing. In Japan, the Sendai quake turned out to be of magnitude 9.0 and thus was the 5th strongest earthquake recorded in the history of measurements. The force, however, isn’t really the most telling either – even a weaker quake centered in inhabited areas may bring more losses than a gigantic incidence far from the coast. If you remember, the last earthquake shook Canada not so long ago, taking place as recently as in June 2010 near Gracefield, Québec. When you enduring something like that, the unpleasant problem that you don’t want to worry about paying for the reparations of the losses. And that is where life insurance coverage can come in very handy.
The prevalence of natural disasters of critical significance continues to rise. It was but a few weeks before the tragedy in Sendai that whole regions of Australia were flooded.
While “only” 75 thousand lives were lost each year in the 90s, in contrast with 86,000 each year during the eighties, more than 211 million people each year were directly influenced by natural disaster in the 90s – up from over 147 million in the 1980s.
The number of natural disasters thrice that of the 60s and, what is more, the monetary effect has blown up 9 times in the same time span.
Passing away in an earthquake is increasingly possible all the time, so in Canada, life insurance protecting you and your family in the eventuality of an earthquake is a pretty sensible choice.
You may want to learn more about no medical life insurance as well.
Such a tragic disaster. appreciate the insight of the importance of making sure you and your family are taken care of in case of such a horrific event.
Posted by: Business Insurance | 02/23/2012 at 10:11 PM