Insurable Interest

by: Stephanie Pichan

Just like any investment, in due time, you’ll see if the return was worth your while or not. Typically one doesn’t invest blindly, sit back, and hope luck is in their favor. Wise investors make calculated, intentional decisions based on research, trends, opportunity, advice from friends and professionals; whatever is deemed to be the lowest risk while producing the highest potential return. Most investments take time and the earlier you start, the longer it has to grow.


According to the Cambridge dictionary, investment is the act of putting money, effort, time, etc. into something to make a profit or get an advantage.

Investing in your health is similar to investing financially. You are putting something in with the intention of receiving something back that you believe will be of benefit. You may have heard people say that investing in your health is the smartest investment you can make. It’s true. How you care for yourself impacts all areas of your well-being. Check out the infographic on the 8 dimensions of well-being and how they interact in a web-like manner. When it comes to investing in your health, the return can be long life, energy, lack of disease, ability to engage in activities you enjoy even as you age, healthy weight, reduced injury risk, increased productivity and creativity, less stress, healthier relationships, happiness, even financial benefit due to not having to pay hefty medical bills, and so on. Just like investing financially, you don’t want to leave your health outcome to luck. Be a wise investor in your health!


Health, Insurable Interest, Investing

Even if it’s not obvious now, the health choices you make each day are either contributing to good health or contributing to disease. Unfortunately, many people don’t realize the impact of their choices until they begin experiencing signs and symptoms. It can be easy to put off making better choices until later if there doesn’t seem to be a pressing reason or if you don’t see the immediate result of those choices, but poor health and disease rarely happen overnight. The investments you make over time, likely years, are in a continual progression toward whichever direction you choose. Fortunately, you have the power and control to decide how you are going to invest in your health and what kind of return you would like for your future.


Wise health investments + time =  increased outcome of good health

Poor health investments + time =  decreased outcome of good health

Start investing in your health today! Well-being is a process that evolves over time, so start by making small, continuous investments that will increase your likelihood for a great return. Even if you haven’t made the best investments in the past (it’s ok, no one is perfect!) it’s never too late to become a wise investor in your health.


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About the author:
Stephanie Pichan
Stephanie Pichan is the Health and Wellness Coordinator at Whitaker LaChance Agency in Portage, Michigan. She’s a graduate of the Community Health Education program at Western Michigan University where she worked on an innovative team for 10 years developing health technology behavior-change interventions. She has a specific interest in the area of holistic health and believes in the healing power of food and its role in disease prevention.  Although she strives to get at least 9 servings of fruits and vegetables a day, she believes it’s important to indulge from time to time; ice cream is usually the winner. Whether through work, volunteering, or every day connections, she’s passionate about helping others live their best life possible. Stephanie is developing the health and wellness area at Whitaker LaChance and using her creativity to contribute to the vision of the marketing team. She’s excited to be an integral part of helping the agency grow and expand.

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