Risk Management: It is important to understand the value of risk management in life. Insurance is an important tool available to get better at financial risk management.
Understanding Insurance is a very important financial skill. Insurance is a ubiquitous financial tool that serves to protect individuals and entities from unforeseen losses. For every valuable asset, hobby, or venture, there’s likely an insurance policy tailored to cover it. In this piece, I will dissect and explain some niche types of insurance policies, helping …
Read more “Unique Insurance Types: From Private Jets to Hobby Drones”
What is Boat Insurance? Boatowners love their prized possession and want to protect their boats against any kind of damage. While the best-case scenario is that the boat never gets a single scratch on it, the risk of damage always lingers around. The good news is there are plenty of options to insure the boat, …
Read more “Boat Insurance Explained: 12 Best Boat Insurance Companies”
What is Insurance and What Insurance Should I Buy? Insurance is a very effective method of risk management and mitigation. Insurance is a contract between an individual or entity and an insurance company or a financial institution. You can protect yourself, with the right insurance, against unexpected financial losses that can be caused by multiple …
Read more “What is Insurance? 11 Cool Insurances To Consider”
When will the stock market crash? What should I do when the stock market crashes? Are we in a bear market? What is the difference between recession vs stock market crash? All of these are questions that I hear from my friends and colleagues far too often. So, let’s try and answer all of these …