“We should do a review. Your salary is higher now. You should need bigger insurance coverage.”

This was what one of my insurance agents said to me many years ago.

I was wondering why did she say something like that.

Wasn’t I financially more secure by then? Why would I need to increase my insurance coverage?

“You are worth more now. Your life is more valuable. It is like insuring a valuable piece of art. More valuable the artwork, the higher the coverage.”

OK, at that point, I think most people would have just bought into the argument.

I didn’t.

I decided that the agent was only interested in lining her own pockets with more of my money.

Read this conversation I had with a fellow blogger on the need to buy insurance and how this need correctlychanges with our circumstances …