There are two types of insurance you should have: life and disability. Life insurance is a must because it provides a safety net for you and your family in the event of something happening to you. Disability insurance is also a must because it provides a safety net for you if you can’t work. All of these types of insurance are useful, but it’s important to make sure you have the right kind of insurance for your life.
If you’ve invested in any kind of real estate, you’ll need to consider what kind of insurance will cover it. Generally, you’ll want to go with a personal umbrella policy that will cover you for the most amount of money when it comes to lawsuits and damages.