Having good insurance makes things possible, like enabling you to buy a car, a home, and have a family without being deterred by the financial consequences of risk.
Think about then when you are planning for this year. I am.
In a way, the more insurance you have, the more risk you can take. You can take that risk in a number of ways - eating too much is a negative one. Starting a new business or changing the way you do business is a more constructive one.
Buying good cover and having a few bob in the bank are both good ways to increase your tolerance for risk and enable yourself, perhaps, to take the next step in your business.