Insurance can protect your existing net worth and also increase the likelihood that you will be able to increase your net worth in the future.

Question

Quizplus · Accepted Answer

Insurance helps protect your existing assets from unforeseen events (like accidents, health issues, or property damage) that could deplete your net worth. By mitigating these financial risks, it also supports your ability to invest and grow your wealth over time, without having to divert funds to cover such unexpected losses.

Insurance Can Protect Your Existing Net Worth and Also Increase