How to Stop Worrying About the “What Ifs”

This month’s topic is Insurance; a critical component of total financial wellness. It serves as a vital safety net, protecting your finances against the unexpected.

At its core, insurance is about managing risk. You pay a set amount (a premium), and in return, the insurer covers you against significant losses. It can be expensive to have too much insurance, and it can be really expensive if you have too little.

To get you started, we’ve created a straightforward guide to the fundamentals. It clarifies common terminology and provides the context you need to make informed decisions. Over the next few weeks we’ll explore specific coverage types in detail, so stay tuned.