It Will Never Happen to Me

Do you really need insurances?

Do you really need to draft a will at a young age?

Considering (critical) illness, permanent disability and life can seem morbid and downright negative. It is even harder to talk about such things with loved ones.

Even if you wanted to address the matter or talk about it, the insurance companies and wills companies price their products so that they profit. There is no way that getting into such things is an advantageous deal.

But is it advantageous, for you or probably more so your loved ones, to have a windfall at the right time, after all?

The writer, Morgan Housel, is reknowned for his bestselling number one book, the Psychology of Money. A lesser known piece of information is that he says that his wife is in health care. Accordingly, the need to address the general downsides of life (including unexpected expenses and costs, whether arising from health care or otherwise), is addressed in this book. It is worth a read.

This writer remains searching for important / seminal / definitive books on insurances and will writing. Particularly those that are directly relevant to the local market. If you, the reader, have any such book recommendations, please let us know in the comments section below.

In the meantime, of no small importance, the immediate proposal is that the reader considers the stories and psychology set out in the book recommendation above. The Psychology of Money is a recent book, published in 2020, and remains relevant to the local market, now as it was before. It remains relevant for those interest in insurances, will writing, and beyond.