The Top 10 Most Important Insurance Decisions You’ll Make in Your Lifetime
Insurance decisions shape the financial safety net that protects you, your loved ones, and everything you’ve worked for. Yet most people only think about coverage when they’re required to—buying a car, getting a mortgage, or starting a job. In reality, insurance is a lifelong companion that evolves as your needs, responsibilities, and goals change. Here are the ten most important insurance decisions you’ll make throughout your life—and how to approach them wisely. 1. Choosing Your First Health Insurance Policy Your first major insurance decision is usually about health coverage . Whether you’re self-employed, newly employed, or starting a family, health insurance determines how you handle unexpected medical expenses. Look beyond the monthly premium and focus on: Network size and hospital options Annual deductible and out-of-pocket maximums Preventive care benefits and chronic condition support A well-chosen health policy ensures that illness doesn’t derail your financ...