Financial planning is a way to manage your finances to achieve your personal and family goals. Insurance is a critical part of this planning. So, what role does insurance play in financial planning? Here’s what you need to know:
Insurance is a tool used to mitigate the financial impact of unexpected events. Insurance policies are purchased to manage the financial consequences of risks such as health problems, accidents, natural disasters, or death. These policies protect individuals and families from the financial effects of such unexpected events.
The role of insurance in financial planning:
Risk Management
