I was cycling with a group of friends recently — we were on vacation together and had signed up for a bicycle tour from a bike rental company. After getting us all fitted on our bikes and giving us water bottles, the rental company had one last question before we set out: "Who wants to wear a helmet?" It was voluntary, although you had to sign a waiver if you chose not to wear one.
As a cyclist who has taken a tumble or two over the years — and yes, I have dented a helmet or two as well — I opted to wear a helmet. But a lot of people didn't, figuring it was a pleasant, vacation-paced bike ride around a pretty city. After all, what were the chances of something happening on that particular day, in that city, to any one of us?
Given that almost everyone on the bike ride was in the insurance business, I was surprised. But then, knowing what we should do, and doing the right thing, are not always the same thing. So, to help you know the right thing to do when it comes to your insurance — and to encourage you to do the right thing — here are some facts to consider.
For the average Canadian experiencing a disability longer than 90 days without insurance, their finances will be ruined before they regain their health.
What The Numbers Mean
I admit it: numbers are just numbers. They don't really tell you much about what is going to happen to you or when it might happen. But they do tell you that things happen, and they do not just happen to "other people." At least some of those "other people" are friends and colleagues — maybe even us.
Personally, I would rather use the knowledge that something might happen to prepare myself. I do wear a helmet, I do buy insurance, and I do update my insurance limits.
As for our bike ride, it went perfectly well — that is, until a car almost backed into one member of our group, causing another member of our group to stop suddenly to try and avoid hitting her, which resulted in him landing on top of her, then hitting the ground, before his bike landed on top of him. He didn't bleed much, and his head was intact.
Not what we were expecting on a pleasant, vacation-paced bike ride around a pretty city. I mean, after all, what were the chances of that happening?
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