Insurance

To explain the need for insurance in a sentence - It is better to be safe than sorry. It is common consumer behavior to only purchase insurance when the need arises. However, paying for insurance now can be a safety net for the unexpected financial circumstances of tomorrow including:

Unexpected illness - During an unexpected health emergency that requires surgery or immediate care. The out-of-pocket expenses can prove to be expensive without insurance.

Natural disaster or home invasion - Should there be a natural disaster or a home invasion of any kind, the cost of replacing your belongings can be exorbitant. Insurance coverage helps you replace these items.

Loss of a loved one - Losing a loved one can be difficult to imagine. But being prepared for the loss of an income earner can be the best way to ensure your family is protected. Life insurance policies enable the ones you care about to begin life without you on a clean slate by paying off mortgage, outstanding bills, loans and cover other expenses.