The idea behind using insurance as a tool in a financial plan is to indemnify yourself in the case of an unexpected loss on account of happening of an unforeseen event. Insurance planning helps protect you, your family,
your assets, or your business against unexpected losses.
The principal goal of insurance planning is to identify and analyze risk factors in life and seek proper coverage so you are financially covered in case of an unforeseen event happening and there is no monetary impact.
There is no one specific "one size fits all" plan as each person has different insurance needs depending on their age, health, economic status, assets etc . Trugrow helps you identify important critical issues and helps you plan for insurance depending on your needs.