Why do and why should we have insurance? Insurance is a very important part in everyone’s daily lives. You have worked hard for a living to provide shelter, warmth, food – Necessities and the luxuries for your family. But unfortunately in life accidents happen. But until these accidents do happen you will not see the importance of having insurance. When something does arise one would ask themselves – am I protected; to ensure the safety of what you have earnt and worked for you need protection against these things, so you wont be left in the dark. If you currently have insurance, thumbs up. But on the other hand that “Insurance” and protection you currently have might not be enough to cover everything that you have attained. What about protection for yourself? Every person, even the careful and easy going types need insurance, no one is immune to accidents, and no one can prevent such ones from happening. Only steps can be taken to minimize the risks to yourself and ones property. Insurance is by no means any substitute for managing risk, but its there to ensure and absorb some of that responsibility if accidents do occur.