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The insurance industry is always changing, and it can be a challenge to understand the many insurance products available. Each of the many products that the insurance industry offers has unique benefits and costs. Understanding what Church leaders have said regarding insurance will help you realize the importance of insurance as part of your personal financial plan and your family’s financial plan. If you understand how insurance can help you, you will be better prepared for the challenges that may occur in your life. Finally, by understanding and applying the principles of insurance planning as they are outlined in this section, you can make sure the products you choose are the products that will most likely help you achieve your personal goals.


Now that you have completed this section, ask yourself the following questions:

  1. Do I understand what Church leaders have said regarding insurance?
  2. Do I realize the importance of insurance?
  3. Do I understand the key principles of insurance planning?

If you can answer yes to each of these questions, you are ready to move on to the next section!


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