I have insurance for my cat, my car, my holiday, my house, my health, my life...seems it's a necessary evil, they are happy to snare you in with their deals but when you need a payout there can always be an hidden clause. A lesson I suppose is to read the 'small print'.

I have car, house and health insurance. Of course some people never take out insurance because they don't want to or can't afford to.

Taking insurance is useful for old ages. Try to solve yours.