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.

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