Shed some light, please!

It's not that I don't believe in life or disability insurance.

I guess the only thing that's probably stopping me from getting one is my "lack of knowledge" regarding the many benefits it can give me and/or my family. You can also say that I'm more concerned of the credibility of the company that I'm getting insurance from if ever. Sometimes I can't help but think, what if the company closed down? Can I still get my money back?

I am totally at a loss. Maybe if someone would be persistent enough to sit down with me and explain this whole insurance thing, I'd probably change my mind. :-)