These days, safety is paramount. With the market seeing volatility, inflation rising and other pressures, investors are looking for steady when it comes to their portfolios. To that end, “watching paint dry” has quickly become the mantra for many financial advisors and investors. Boring is in.
And you cannot get much more boring than the insurance industry.
The insurance stocks offer a simple business model that pays plenty of big dividends. Better still is that recent changes to interest rates, underwriting and other factors have provided plenty of growth to the sleepy industry. For investors, having some insurance in their portfolio could be a wonderful defense in the current market environment.
Don’t forget to check out Best Financial Dividend Stocks List to explore top-rated financial stocks, including insurance stocks.
