Insurance is one of those things we forget about until we need it, kind of like a spare tire. This is why National Insurance Awareness Day exists and is celebrated every year on June 28.
While the origin of this day is a mystery, what’s widely known is how important insurance is in many aspects of our lives. From car insurance, to life insurance, to home insurance and more, these policies offer a layer of protection to guard us from feeling the harshest of blows by unfortunate events.
A 401(k) plan is also a sort of insurance plan for your retirement which is much easier to manage and also contributed by your employer.