Insurance is an important safety net that helps us out when the worst happens. By covering ourselves with insurance, we have peace of mind should anything happen.
Insurance comes in many shapes and sizes, and each policy has different rules, exclusions and excesses, so be sure to read the small print when taking out your policy.
Some insurance is compulsory, such as car insurance and home insurance when you have a mortgage, while other insurances are strongly advisable, like travel insurance.
Wedding, health and pet insurances can also be useful depending on your circumstances, and can sometimes be insured by other cover, such as with a credit card.