The superwealthy in America have been using the insurance industry as their own personal piggy bank since the start of the industrial revolution. When you do it right, you can use this same practice to protect your money all the way until retirement. This is more than just a garbage insurance strategy. This is about investing your money in a way that the fat cats on Wall Street don't like. It's low risk, high reward.
This story takes place in the far future of Earth, after a global war in which a new energy bomb was used, created to destroy electronics across large regions. The unknown long-term effect was that 98 percent of the next generation of female children were born sterile. It also caused the planet to become charged with a new type of energy. Of the children that were born in the centuries that followed, a small percentage were able to gather this energy around them and reform it with their minds. They were labeled as wizards.