My dad referred to himself as “insurance poor” because of all the policies he carried. Sometimes I feel the same but his superstition was, “If you have enough insurance, you won’t need it.” That is a noble thought but coverage on your home, belongings, investments, crop, livestock, vehicle, accidents, health, and life can be a huge hit to your budget and still offer no guarantee of prevention. Disasters worldwide affect our rates and underwriters are trained to anticipate and then quick to make premium adjustments after catastrophic events.

Life insurance is based on existing conditions so I h...