Insurance

Why Not Insurance?
Insurance is a financial product where you pay a premium or series of premiums. In return, if a particular event happens you will be compensated financially. Except for life assurance, most insurance is annually renewable. This means that the insurer can change both the premium and the benefits each time, or may even decide to no longer offer insurance to you. Insurers call this general insurance to differentiate it from life assurance.If you insure yourself against every eventuality, it will probably cost more than you earn. Plan carefully and only take out what you really believe you will need.
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