Why Insurance Is a Must-Have in Every Financial Plan

Imagine skydiving without a parachute. That’s exactly what it's like to invest without having \r\nproper insurance in place. At Investor Cottage, we believe that insurance is not an expense — \r\nit’s a financial safety net. Whether it’s life, health, or critical illness insurance, these instruments \r\nensure that your financial plan stays intact even when life throws unexpected challenges your \r\nway. Without adequate insurance coverage, a single medical emergency or unfortunate event \r\ncan force you to withdraw from your long-term investments, derail your SIPs, or even dip into \r\nyour retirement corpus. \r\nA solid financial plan starts with risk protection. Term insurance provides income replacement for \r\nyour family, health insurance covers unpredictable medical costs, and critical illness policies \r\nprovide a cushion during life-threatening conditions. Many investors delay insurance, thinking \r\nit’s a secondary priority. But the truth is, insurance and investment go hand in hand. At Investor \r\nCottage, we begin every financial plan by assessing risk and ensuring our clients have the right \r\nprotection in place before making aggressive investments. Because we believe your financial \r\nfreedom should never depend on good luck. It should be built on a secure and protected \r\nfoundation.