Financial Security: Insurance

couple in front of home

Personal insurance includes health insurance, disability insurance, life insurance, liability insurance, and property insurance. The purpose of insurance is to guard against risks.

Every day we are exposed to many risks which can cause a financial loss. Accidents, property damage, illness, and death are risks we often consider. However, other risks, such as the possibility of being sued or becoming disabled and unable to work, are also important. We each have to decide how we will protect ourselves should a …