klim Posted March 28, 2018 Author Share Posted March 28, 2018 And maybe that is the point that makes me feel differently about insurance. We worked hard and lived frugally so we could feel secure. The money we saved went into investments. That was our insurance. We knew that our basic needs would be covered......being Canadian medical needs are looked after. our house was almost paid...we knew we would be fine. Link to comment Share on other sites More sharing options...
arneal Posted March 29, 2018 Share Posted March 29, 2018 Yes, klim you bring up a good point. For those of us to your south in the US, insurance is a real thing. I just became full time with my university and spent today cancelling the 'insurance' that I have been paying out of pocket. It is horribly expensive to be healthy in the US ... don't get sick for sure. Link to comment Share on other sites More sharing options...
faye Posted May 19, 2018 Share Posted May 19, 2018 I look at insurance as legalized gambling. You're betting you'll need it. Insurance is betting your premium can be invested at a profit before you file a claim. Real glad I've had insurance for my car, both when I wrecked one, and when the parking lot flooded this spring, and I wondered if the current one was [soggy] toast. Life insurance could be really important if one had children to provide for, or a mortgage the spouse couldn't pay. Link to comment Share on other sites More sharing options...
arneal Posted May 21, 2018 Share Posted May 21, 2018 faye -- even to make sure you get put away the way you want should you get called to cross the Rainbow Bridge ... Link to comment Share on other sites More sharing options...
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