In: Operations Management
Describe which type of insurance you have or would like to have, and why.
I have life insurance, as I believe that it’s the most important type of insurance and everyone should have this. It has the ability to meet several financial needs, and in case of my death it can replace the lost income and help my family to pay any pending debts or pay for my children’s education. This is something which you do for your loved ones whom you would leave behind so that they don't have to go to someone's door for financial help, and they can live peacefully without worrying about the financial burden.