Chapter 9. Insurance and Annuities

Insurance and Annuities

Insurance! I'm certain that the topic renders you speechless and engenders the warmest of feelings in the deepest recesses of your body. Mom, America, apple pie, and insurance—it just rolls off your tongue, doesn't it? Why is it that we love to hate insurance and all that it stands for? I think it's actually fairly easy to explain. If you think about the reasons you don't like insurance, you'll most likely find yourself boiling it down to this statement: “I hate insurance because I get paid only after something really bad has happened, it's too difficult to understand, and I always feel that I'm being taken advantage ...

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