Insurance provides you and your family with a financial back up plan when things go wrong. Consider this, you currently earn an income that pays for your living expenses and maybe your children. If you became sick or injured and were unable to work, how would you meet your living expenses? In some cases you might have sufficient assets to draw from to replace your income. However for those who don’t, insurance is a great back up plan to help fill the gap.
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The Caboodle Zine is where we share tricks, tips and great ideas we have come across to help you get on top of your money stuff. We promise to do our very best to avoid jargon & stupid financial acronyms as such as humanly possible!
Types of insurance
Insurance falls into two broad categories, personal and general insurance.
Read MoreWhat is insurance?
Insurance provides you with a financial back up plan against life’s uncertainties. Specifically you can pay for an insurance policy, whereby you pay a premium and if a certain condition is met the insurer will pay you a benefit.
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