We all have heard the story of the goose laying golden eggs and we know that it can’t be real. But for the sake of this topic assume that you own a hen that lays golden eggs. Now, here, I have a question for you. The hen or the eggs which would you protect first?
What is your answer? The hen, right? Because it is the one that lays those golden eggs. Ideally, it should be both the hen and the golden eggs (as they are valuable too). But you would never protect only the eggs and leave the hen unprotected.
In our lives, we care for the eggs more than the hen and leave the hen unprotected. People protect (insure) their assets, gold, home, cars, and business properties but forget to protect (insure) the hen (himself/herself) who is creating all these. Remember, if we leave the hen unprotected and something bad happens, the family will not be receiving any new eggs and might have to use up the existing eggs to survive.
If you are committing the same serious mistake, please get yourself adequately insured and get on track TODAY.
Disclaimer: The information provided in this blog is for general informational purposes only and does not constitute professional advice. While full efforts have been made to ensure the accuracy of data and numbers, no responsibility is taken for any errors or omissions. Tax implications on insurance, investments and returns from related products may change due to updates in tax laws. Always consult with your financial advisor or insurance expert before making any investment or insurance decisions. The author is not responsible for any financial losses or damages incurred as a result of relying on the information in this blog.