Personal Finance 101: Why Insurance Is Important | iStockAnalyst.com

Personal Finance 101: Why Insurance Is Important | iStockAnalyst.com: "Many people find paying insurance premiums distasteful — and for good reason. It can be difficult to continue to pay insurance premiums when you don't actually end up using insurance. However, the point of insurance is to help protect you in the event of an expensive financial catastrophe. Not all types of insurance are necessary, but some types can offer real protection against the high costs of certain unexpected events."