Personal Essay: Why Insurance Is Important To Me

Why Insurance is Important to Me
My life is always going through stages. This also includes my money. Either it is growing or its going. My life and my money are always going through some risky events . I have to have that protector when risk presents itself. So I appreciate the invention of insurance. It was made to be a protector of all the things I treasure the most- my life, family, auto, home, etc.
It is inevitable how much money plays such a major role in the events of our lives. It is used and needed for just about every transaction we make. Bartering is somewhat of a lost art. I believe in, but it something in our society that we do not practice. So I always need money for many life events. I need to find ways at growing my money. My family needs me so they can have the things they need that money provides for. But what do we do if or when the money stops. What do we do when tragedy attacks my finances and put a halt to my upward mobility. What will we do when that precious love one passes away. This is why insurance is …show more content…
Through my studies I have come into a deeper understanding of the insurance industry. When I was much younger, insurance was had always been that evil necessity that was mandated on us through the state. My parents harped about making sure I have health and life insurance. I thought they lived to negative for me to be always wearied about something happening and I could not afford to pay or recoup that lost revenue. I was young and dumb with not much business savvy. But as I got older and found out how insurance was invented to help my business and while I am growing my business, it can be there to help manage the risk of growth. When I was young, I had not respect for risk, I just took them. Now that I am older, I have a healthy relationship with risk and I manage risk to bring out it benefits. I have insurances that help me manage these risks I have taken in my