Effective financial planning is more than just saving and investing—it’s about managing risks, too. Insurance is vital in this process, offering protection against unforeseen losses that could derail financial progress. Life, health, property, and liability insurance all provide critical coverage, preserving income and assets during tough times. A sound financial plan considers these risks and proactively addresses them through tailored insurance policies. The synergy between financial management and insurance coverage builds resilience and ensures that financial goals remain achievable, no matter what life brings. Prioritizing both growth and protection is the key to lasting financial health.