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Feb 12, 2021 16 min

UNDERSTANDING INSURANCE - PART 2

from The Modern American Dream Hosted by The Modern American Dream

UNDERSTANDING INSURANCE Most of us avoid talking about insurance. It’s boring, it seems expensive, it feels complicated, and, honestly, some people think it’s a waste of money. That’s why this lesson is so great—you’ll leave here with a clear game plan. You’ll learn what you need, what you don’t need, and how to get it. But since insurance needs change from person to person, make sure to write down any questions you have KEY POINTS The purpose of insurance is simply to transfer risk—this is your defensive game plan. There are seven types of insurance you actually need. No exceptions and no excuses—everyone 18 and older needs a written will. THE ROLE OF INSURANCE The purpose of insurance is to transfer RISK that we can’t handle ourselves. WILLS Everyone 18 and older needs a WILL. The key takeaway from this lesson is that insurance transfers risk you can’t afford to cover on your own. When you understand that, it changes how you look at insurance. #daveramsey #debtfreecommunity #debtfreejourney #debtfree #budgeting #financialfreedom #budget #daveramseybabysteps BY DNA Realty Group #BUY --- https://www.dna-realty.com/buy/ #SELL --- https://www.dna-realty.com/sell/ #dnarealtygroup #massachusetts #massachusettsrealestate #marealestate #nhrealestate #newhampshire #newhampshirerealestate #buy #sell #invest #home https://www.dna-realty.com/ TRIPLE GOLD PRODUCER DNA REALTY GROUP617-340-9135 [email protected] https://www.dna-realty.comOver $118,100,033.00 in REAL ESTATE SOLD

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