Which two main events should be the focus for insurance-based solutions?

The focus on death and disability for insurance-based solutions is pivotal as these events have significant financial implications for individuals and their dependents. Life insurance plays a crucial role in providing financial protection for families in the event of an untimely death, which can leave them vulnerable to loss of income and increased financial burdens. Similarly, disability insurance is essential for individuals who may be unable to work due to illness or injury, ensuring they still have a source of income during challenging times.

These two areas underscore the primary role of insurance: to protect against significant financial risks that can arise from unforeseen circumstances affecting one's ability to earn an income or provide for loved ones. This focus helps create a safety net that addresses both immediate financial needs and long-term security for individuals and families against life-altering events. Other options, while important, do not emphasize the core purpose of insurance in relation to personal financial protection as explicitly as death and disability do.