How do you explain to a person why you should insure?

Question

Accepted Answer

Insurance provides financial protection and peace of mind in case of unexpected events or losses.

Insurance helps protect against financial loss due to accidents, illnesses, or damage to property.
It provides coverage for medical expenses, ensuring access to quality healthcare without worrying about high costs.
Insurance offers financial support to replace or repair valuable assets like cars, homes, or businesses.
It provides liability coverage, protecting individuals from legal claims or lawsuits.
Insurance offers income protection in case of disability or loss of employment.
It provides peace of mind and reduces stress by knowing that unexpected events are covered.
Insurance can also offer investment opportunities and tax benefits in certain policies.