Financial freedom does not mean you don't have to work anymore. It means you work only when you want too and not otherwise. Freedom to do things that you desire ie charity work , travelling , spend more time with family and friends , religion
In order to benefit the financial freedom that you may have or in the process of achieving it , one must protect , preserve , accumulate wealth. Thats where insurance plays a big part in the protection, preservation and accumlation of wealth.
Insurance is primarily design to protect spouse and children from financial loss due to loss of income due to death or disability.
The price is what you pay but the cost is what we all will eventually pay. The cost of not paying the price is higher than the price itself. Insurance is primarily design to protect spouse and children from the loss of income of the provider due to death or disability.
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