Insurance protects the wealth you’ve built from unexpected disasters – it’s a crucial part of any financial plan.
Health, auto, homeowners/renters, and disability insurance are essential for most people.
The goal is to protect against catastrophic losses that could derail your financial progress.
You don’t need insurance for every possible scenario, just the ones that would cause serious financial hardship.
Choose higher deductibles to lower your premiums, and shop around annually for better rates.
Life insurance is important if others depend on your income financially.
Think of insurance premiums as the cost of financial peace of mind and protection for your family.
