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High Net Worth Investing by Sam Phoen

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CHAPTER 9

Insurance

INSURANCE IS A RATHER unpopular word in some parts of the world. It is almost taboo for some of the older generation to even talk about it, for it is usually associated with death or unlucky events like injury, hospitalisation, etc. The good news is that increasingly, as the education level of the general population is raised globally, the understanding and acceptance of insurance is gaining traction, particularly in Asian societies.

Insurance is the practice of providing protection against a particular event, which may or may not be related to human life or well-being. Besides the usual insurance against human life and property, ...

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