Insurance can offer peace of mind if you know you’re protected against the unexpected. You can find an insurance policy to cover almost anything imaginable but some are more deserving than others of a place in your financial plan. As you map your financial future, these four types of insurance should be firmly on your radar.
Health insurance is easily one of the most important types of insurance to have. Your good health is what allows you to work, earn money and otherwise enjoy life. If you were to develop a serious illness or have an accident without being insured, you may find yourself unable to receive treatment or even find yourself in debt to the hospital. While health insurance is no longer mandated by the government as of 2018, it’s not something to discount.
Thankfully, many employers provide health insurance benefits to full-time and even some part-time