First rule of Wealth Creation is to protect the Net Worth you've already gained. That includes your assets, including your income or ability to earn an income. There are several tools available to help you do that. We will not discuss each in detail, on this site. We will do so on an individual basis. There are as many reasons as are products.
But here is the essence of it.
Insurance is usually broken down into life, disability and critical illness. The truth here is that these products are a necessary evil ... just like car insurance. Their real benefit is reserved for your family or business associates. In some cases, there are strategic products that help to protect assets or save on taxes. Again, lets leave the detail discussion for face to face meetings.
