Insurance. The word is boring and dull. Its not a fun topic to discuss or think about, yet it is extremely important and serves to protect your financial future. It is comforting to think that nothing will ever happen to you and that you are invincible. But the odds are that you will get into a car accident or have some type of health problem at some point in your life, and when that happens, you will want be insured. When you question whether you need insurance, the answer is a resounding YES! It may seem like insurance is a waste of income- spending money on something that may or may not happen. Since you cannot predict the future, it is important to protect yourself. Insurance is all about protection- it protects you against unfortunate incidents such as car accidents or illnesses. The moment an unexpected ill-fated event happens, you will be so glad you are insured. Medical bills from a minor accident can deplete your savings and force you into bankruptcy. Insurance is not a rip off, but rather an essential financial service.