Home and auto insurance
Car loan insurance
Insurance is a multi-billion dollar industry, worth around $2 trillion globally.
But what makes insurance insurance so desirable?
If we’re focusing on personal insurance, the main thing that we want is reassurance that we will be safe and secure if we’re at the mercy of a catastrophic event.
Traditionally, we’ve relied on bank insurance to save us money when we need it most, and the insurance industry does what it can to keep that up – car insurance companies charge a maximum of 39% as an excess.
Money-saving offers to make insurance more affordable include joining an exclusive car insurance group, which allows you to avoid paying an excess, as well as allowing you to make a single policy cheaper.
It’s not just car insurance, health insurance can also save you cash as well.
On average, health insurance premiums tend to be at least 30% less expensive than life insurance premiums.