I met up with a friend the other day whom I haven't met in a while to catch up on each other's life. What's nice about having friends in different lines of work or who have different interests and hobbies is you get new perspectives each time you get together. This friend of mine sells insurance besides holding down a day job.
From this friend, I learn about the importance of insurance and the various types of insurance and the different available policies for each type. She advises that everyone, especially those with dependents, should have a life insurance policy. As for health insurance, there's no reason not to take up one as there are many affordable health insurance policies available. Your insurance agent will be able to advise you.