8 Insurance Planning
Introduction to insurance planning
We never know what life will throw at us. Sometimes an event can affect people financially in a significant way.
This could include having your car stolen, your house burning down or your spouse dying and leaving you with a mortgage and kids to raise singlehandedly.
Insurance is one way you can transfer the financial risk of certain events occurring to insurance companies.
We'll explore the different types of general and personal insurances available to you.