Risk protection and financial security involve safeguarding assets and income against events that could otherwise cause significant financial disruption. Insurance strategies, alongside broader risk management principles, provide a safety net that protects individuals and families from the financial consequences of illness, accidents or loss of income. Understanding which risks require protection, and to what extent, allows individuals to allocate resources efficiently rather than over- or under-insuring. Capital preservation principles also play a role in protecting accumulated wealth from erosion over time. This section covers the fundamentals of risk protection and financial security across personal and professional contexts.