Insurance is a vital financial focus in today’s complex world. Failure to have sufficient insurance is the quickest and easiest way to accrue mass debt. Nothing will make your business, car, house, family, or self more vulnerable or susceptible to financial strain than a lack of adequate insurance.
However, paying too much for insurance can be a financial strain in itself. And paying for insurance that is not needed is just money down the drain
People have a preconceived notion that insurance is a waste of money, something which is not necessary. This is not true! Almost everyone needs insurance.