Understanding Insurance?

To write about insurance? It is probably so unexpected that anyone would write about something so dry that it is even a little funny.

In my course of work in personal finance, it has come to my attention that insurance is an area that most people hate to deal with but some will know that it is necessary. It is also common to find people who have multiple policies and yet know nothing or understand a word of the documents.

Studies have shown that many claims never occur in the first place because people or their families are not aware that the policies even exist or are claimable. That would make it a gross waste of money, wouldn't it?

This is a little contribution from me to hopefully shed a little light on the seemingly-jargon-filled world of life insurance and so hopefully that both you and I will learn a little as we go along.