If it’s important, it needs protecting. How many of us could afford to replace our home, car or other hard-earned possessions if something happened to them? We’d need insurance cover to make it through. And there’s no point building wealth over the long run only to lose it all when we really need it. Family members who depend on us may need protecting in case we die or are unable to work because of illness. It’s also important to let our loved ones know what we want to happen with our money and property when we die or are unable to make decisions for ourselves.