The Importance of Insurance

Today the world can be complex, unpredictable, uncertain and volatile. That’s why insurance is there to protect you in these times of need.  As human beings, we all have basic needs that include both physical and economic security, food, shelter, and clothing.  According to the Society of Actuaries, RISK is the possibility of losing economic security, which is what insurance is there to protect you from.

We encounter many economic risks throughout our day-to-day activities.  Daily risks may include the risk of a car accident, sickness, house fire, or even death.  For such reasons, insurance may come into play to relieve some uncertainties and substitute certainty.

Consumer Disclosure for Sales of Insurance

Insurance Products, Annuities or other non-deposit investment products are not insured by the FDIC or any other government agency and are not deposits or other obligations of Astra Bank and are not guaranteed by the bank or Astra Insurance Services. Products may be subject to risk, including market fluctuation and possible loss of principal.