I'm not defending anyone. I am giving you information from the industry as I am a former financial planner. Insurance has it's place as a valuable tool to manage risk. Whether you do it through an insurance company or on your own is irrelevant. If you do it yourself you need to be able to afford it. Most poorer people can't afford to do this, or are too bad at saving money that they would end up spending it. I know this from experience. Thanks.
I'm not defending anyone. I am giving you information from the industry as I am a former financial planner. Insurance has it's place as a valuable tool to manage risk. Whether you do it through an insurance company or on your own is irrelevant. If you do it yourself you need to be able to afford it. Most poorer people can't afford to do this, or are too bad at saving money that they would end up spending it. I know this from experience. Thanks.
The idea of insurance is good. Sounds good on paper, but in practice... insurance is a scam.
The idea of insurance is good. Sounds good on paper, but in practice... insurance is a scam.
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