Assessing your needs for insurance services is part of your personal financial planning. Insurance takes care of your unpredictable needs, and as these needs can arise at any time, insurance is extremely important. Investments take care of your foreseeable needs and do their best to follow your unpredictable needs. Insurance has changed considerably over the last few years, and there are also many new products that are very flexible.
Some personal finance packages, magazines and self-help books can help you with your own financial planning. However, you may decide to seek the assistance of a personal financial consultant - expert if:
Financial planning ensures the direction and significance of your financial decisions. It allows you to understand how each financial decision affects other financial areas. For example, the conclusion of a particular savings product can help you fund your child's higher education or provide satisfactory financial resources for a decent retirement. With additional financial resources, it is much easier to adapt to potential life changes, or feel safer when you know that you are following your goals.