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Is there a place for insurance in your portfolio?

Felicia Tan
Felicia Tan • 20 min read
Is there a place for insurance in your portfolio?
Insurance is often seen as a grudge purchase, something you pay for and hope never to use. In reality, insurance should be a key part of your financial portfolio. Photo: Pexels
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We talk to the experts to find out if it is wise having insurance in a financial portfolio and where it may do more harm than good.

Insurance is often seen as a grudge purchase, something you pay for and hope never to use. In reality, insurance should be a key part of your financial portfolio. Although it is not meant to make you rich, the right policies should help protect the wealth you are building.

That said, when insurance and investments intersect, the distinction blurs and often leads to disappointing outcomes.

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