One of the saddest things is when something detrimental happens to a person and they are left standing holding the bag with NO back up. This is what many people of color do when things get rough. Many of us as people of color are still living for the moment and because we are doing this, we are ruining our futures. However because of unequal treatment many people of color have never trusted the insurance industry. There are many black insurance companies and agents that can NOW be trusted. There is no reason why people of color should not invest in insurance.
In this day and age it has NEVER been more important than it is now to plan for the future. In fact, the pandemic of 2020 alone has been a hard reminder as to why people of color really need to plan for the future. Insurance is one of the ways that will help us with our planning.
Insurance is sometimes a legal requirement, and always a good idea. Understand the different kinds of insurance such as