You’ve most likely heard or seen how other people have experienced different tragedies—be it a natural calamity, an unexpected death, or a business bankruptcy in the news or in social media. No matter how serious these stories are, they shouldn’t bother you. While you cannot predict the future, you can always afford peace of mind and prepare yourself and your family for uncertainties. That’s what insurance is for.
Insurance protects you from the unknown and helps you manage risks by transferring the cost of a potential loss to an insurance company. Without insurance, you’re leaving yourself vulnerable to financial ruin.
You can insure as many things as you want but there are types of insurance that you absolutely need in your life.