Read more? Past postings on Insurance Insurance Why are we paying premiums for insurance? It is the fear that drives us to seek protection. It is paying money for protection. We fear and seek protection against specific unexpected high financial losses coming from some unforeseen life events by paying premiums to insurance companies for them to take it away from us. So, in fact, we are just transferring this risk from ourselves to someone else so that we can have peace of mind and sleep well at nights with one thing less to worry. Life with less things to worry will be easier to catch more moments of happiness. Read? Four Pillars in our life to support our happiness index Leverage Read? Playing The Game of Leverage (11) - Win Big or Lose Big I believe most people will sensibly leverage themselves within their financial strength and avoiding taking too much ......