You need insurance, really. You need enough insurance so that when something happens to you, your savings will not be too affected. You and your family will not have to worry too much about the hospital expenses in case something happens. In wealth building, especially at the early years, it is very important to have an insurance so that your wealth building will not be stalled for long because of some unfortunate events. You do not want to dip in to your savings and investments when something happens, that is why you should be getting a lot of coverage. Also, if you lost your job due to lost of ability, you need insurance so that your family can survive even without your active income. There are so many confusing things to learn about insurance, but would you be willing to learn so that your wealth building is secured?
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