Insurance
Is Insurance an Expense?
By Dr Wealth  •  June 1, 2015
Life is uncertain. We cannot say with certainty what will happen to us tomorrow. No one can ever predict the future. Yet, there is one certainty in life. It is called “Death”. As Steve Jobs states in his 2005 Stanford Commencement address:
No one wants to die, even people who want to go heaven don’t want to die to get there. And yet death is the destination we all share. No one has ever escaped it.
Death is certain. Like it or not, we all have to face it. It is just a matter of when. The least we can do is to be prepared. We need to ensure that our children, spouse and other dependents are well taken care of after we leave this world. As such, insurance come into play to protect against this catastrophic event. Is Insurance an Expense? The traditional understanding is that insurance is an ......
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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