Why you need to buy insurance: Explained with example

Businesses sometimes are unpredictable and have unforeseen risks, which may affect or lower the anticipated profits and if need be we might as well have to induce further capital and here your savings may help for the shorter duration, since you have not quantified how much savings you have accumulated till now.

Why you need to buy insurance: Explained with
it is better to have an objective so as to create a discipline around your savings. Image source: Reuters

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