Many out there still do not understand the importance of insurance. An insurance basically transfers the financial risk of life’s event to an insurance company. A good insurance can protect you and your family from financial crisis
It can help protect your family by paying off the mortgage and other debts. It can potentially replace your income and help maintain a decent standard of living for when you are no more.
It would be a good idea for you to understand how the insurance coverage lasts and how much insurance would you need depending on your family’s needs.