If you need a good reason to buy insurance coverage, consider this: Having insurance can mean the difference between passing an inheritance on to the next generation or leaving them nothing at all.
There are all kinds of great reasons to buying health, life, home, auto and other insurance. Having good insurance insulates you against many of the risk factors that are inherent in our world. But say you’re not risk-averse. Maybe you’re a daredevil. Perhaps you like to live on the wild side. Do you still need insurance?
If you want to pass anything on to your children when you die, then you absolutely need insurance. For some people this is the most compelling reason of all to carry good coverage. [Read more...]