Off course insurance is necessary to protect your valuables. Some insurance is required by law and some for protecting you form major financial disasters.
But there are some insurance providers who try to convince you to be unworthy insurance policies that you actually not need. Before you blindly pony up your hard earned money, you must know what you are getting.
Here are 5 types of insurance to think twice about:
- 1. Mortgage Life Insurance
- 2. Identity Theft Insurance
- 3. Cancer Insurance
- 4. Payment protection on your credit card
- 5. Collision coverage on older cars