Over-insured? Under-insured?

Let it be clear at this early: I am not an expert on insurance.

But I am deeply frustrated about people who think that all they need to achieve their financial freedom are life insurance policies. They may fall under the case of being over-insured.

I am also equally disappointed with people who has an insurance coverage way below their insurance needs and think that they do not need to increase coverage. They are what I call under-insured.

And they may sound arrogant when you talk to them.

A Person with Savings Can Walk Tall ~ A.F. Bannerman

I really don't know who A.F. Bannerman is.

But here's an excerpt of an article attributed to him or her.

It is about saving.