I think those people do insurance who can't save on their own.

Heyyy Les...
You might be right about this this though. But from what I know about insurance, a whole lot of people tend to sign up for insurance due to the perks that come with it.

You know, while meeting up with the required payment amount for your desired package, at the end of the day, usually emergencies, the insurance companies tends to cover up for certain degrees of losses. Take car insurance for instance, if an accident occurs whereby the insured isn't at fault, the company helps in a big way in covering up his losses.

You do have a valid reason for preferring savings anyways ❤️