- Insurance is not hard to understand, yet we seem to get too much input or opinion from uneducated people in regards to what to do. Not to say people are not smart, yet I would not ask a real estate professional about my taxes nor a rocket scientist about my dietary needs. I would consult a CPA or Tax Attorney about my specific tax situation and consult a dietitian or Medical Doctor regarding my dietary needs. Get my point.
- As depicted below in the photos, insurance is needed for all walks of life. We need insurance to protect us, our families, our businesses, and our property. It is one of those necessary evils in life. It can be expensive to have, yet the outcome of an accident or claim, can be catastrophic to us if we didn't have it. It is something we hope we never need to use, yet it is a comfort knowing we have it.
- This applies to all types of insurance except Life Insurance. It is a guarantee that if we have a permanent life insurance policy in force, it will be used someday when we die. As I mention in my blog, there are certain life policies that can benefit us even when we are still living.