Protecting the 4 Ds of Risks with Insurance

Today, we live in a fast-paced, stress-filled life, and we are knowingly and unknowingly exposed to many risks to life, health, and property. Managing these risks becomes an essential aspect of our wealth management journey in life. Risks can be mitigated in many ways, such as taking precautionary measures, avoiding risks or transferring risks. Insurance is one way of managing risks where we are transferring the financial risk from the insured to the insurer.