People say that inexperience makes you do something wrong. People also say that ignorance is bliss. But this is definitely not always as I personally have seen. After all ignorance can never help you but might actually hurt you. One of my friends learnt this the hard way. I am not a great fan of having things insured always but I do find that disability insurance can be even more crucial at times than life insurance in general. This is admittedly my personal viewpoint but one which has been formed due to my own personal experience.
When I had explained to my friend about ‘what is an income replacement policy‘ he did not seem to care much. I had told him the information as he was to marry soon and about to be settled together with his wife. I felt that with the new marriage he might need a Washington disability insurance too as he stayed in Washington. But he did not seem too interested in the matter and said that such insurance policies never helped in the real time. No matter of telling him anything helped and he did not want to take any kind of insurance policy.
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