It is really included on teaching to anyone the significance of the 'insurance' in the 'Financial Literacy' which is really 'advise' that if you want to get ahead in life and facilitate your life financial is one of them should first be processed or you have the capital before you begin to 'invest' or enter into the business industry.
You can vary the situation we are in life, some others are 'single' and yet some others with family, and possibly we have also other classes of insurance to choose that we'll depend on what our situation in life.
Why 'Insurance' is important, first of all in our lives especially if you have a family and have a large responsibility to them and especially your family depend on your income each payroll, you can expect how important insurance is. Imagine, if suddenly something happens that you don't expect that to happen like sudden death in an accident, sudden illness and hospital checkups, sudden catastrophic tragedy that really inevitable. How can you just leave your loved ones if you don't have something funds left for them to continue their lives especially in regard to financial.
The purpose of the 'Insurance' is for the event or like something happens to you that was unavoidable, such as death or confined in hospital, which is somehow benefits and helped your loved ones to get their needs from your insurance. We may not say that, those 'Insurance', leaving them, will be the replacement of your obligations from your family in terms of financial. But even though, what ever happens to you, those 'insurance' will help them sustain their needs in case of your sudden death.
A very simple purpose or aims of 'Insurance', that is to not be a burden to your loved ones if they suddenly loose you.
Imagine, if things cost us too much that sometimes it's useless, why we don't give care or meaning about 'insurance' that benefits to our loved ones? There is now 'Insurance' offered in the 'Insurance Company' in case you can't use it this time, think it as your funds and will be used in the appointed time. There is also 'Insurance' like 'Investment' which let you deposit and you will get all the commissions including from the premiums you earned. These types of 'Insurance' is good, because this is not only an ordinary Insurance's goal. Its purpose is not only to be able to assemble fund but also with those little 'Invesment Side' to let their deposit's grow.
I also recommend to not merely take the 'Insurance' that is unstable and unknown 'Insurance Company' or you're not sure and that have any doubts. First study carefully and do research well beforehand and ask questions of others. But make sure, the one you ask are those who know better, has an experiences and also got the 'Insurance' in both 'Insurance Company' where you planned to register.
With 'Internet' today, is now easier to do research, and study carefully beforehand. It's good if there is someone 'Insurance Agent' offered you an 'Insurance', but first, study it carefully and don't merely take those immediately. Although the purpose of your 'Insurance Agent' is good, you will need to analyze it well, mainly the 'Insurance Company' and your financial situation.