Insurance is protection, it protects your assets and loved ones. In fact, getting insured is a critical component of financial planning. Yes, we know the pain of having to deflect long-lost friends who are suddenly interested in your lives upon graduation, but they mean well.

Step 3: Know your budget. You should not have to give up important needs (i.e buying a house) to pay excessively high premiums (the amount you have to pay for an insurance policy).

Step 4: Find an insurance agent that you trust and will always have your best interests at heart. With a good insurance agent, you’ll be able to construct the most value-for-money insurance plan that best fits your needs at different stages in life.

Which policy should I choose?

We’ve already established the variations of existing policies, but we understand if you’re still wondering which to get first. As someone who’s entering the workforce, getting