Why do I need insurance?
Insurance protects you when things don’t go the way you planned. If you're one of those cycling types, then we could ask "Why do you need a helmet?" or "Does a helmet make you cycle any better?" or "Does it make the trip more fun?" 🚴♂️
Probably not, but it protects you in case the ride doesn't turn out to be so groovy. 🤕
Insurance is kind of like that. None of us ever really want to make a claim on our insurance because we're disabled or dead ☠. And having insurance doesn't make you live a better life or enjoy your life more, but it is there to protect you if life doesn't turn out as planned.
And if you have any loved ones who rely on you as a breadwinner, then life insurance is also there to protect them in case something happens to you.