An insurance saying—sometimes jocularly attributed to Confucius— that has been printed on many images is:
   
“Confucius Say: Needing insurance is like needing a parachute. If it isn’t there the first time, chances are you won’t be needing it again.”
 
The insurance saying has been cited in print since at least 2003.
   
   
25 April 2003, The Collingwood Connection; (Collingwood, ON), “Irene’s adventures in Insuranceland; The Perils of Irene” by Irene McLeod, pg. 12:
Confucius Say: Needing insurance is like needing a parachute. If it isn’t there the first time, chances are you won’t be needing it again.
     
Google Books
Let’s Get Real About Money!:
Profit from the Habits of the Best Personal Finance Managers
By Eric Tyson
Upper Saddle River, NJ: FT Press
2008
Pg. ?:
“Needing insurance is like needing a parachute. If it isn’t there the first time, chances are you won’t be needing it again.”
 
Twitter
Munson & Clifton Ins‏
@munsonclifton
Needing life insurance is like needing a parachute….... if it isn’t there the first time…....chances are you… http://bit.ly/t1H6b
3:59 PM - 21 Oct 2009
 
Google Books
Smarter Than Me
By Edward Wright
Livingston, TX: River House Publishing
2011
Pg. 99:
Needing insurance is like needing a parachute. If it isn’t there the first time, chances are you won’t be needing it again.
 
9 December 2014, LifeHealthPro, “20 of the best insurance jokes” by Lynette Gil:
5. Confucius says…
“Needing insurance is like needing a parachute. If it isn’t there the first time, chances are you won’t be needing it again.”
     
Facebook
Volkswagen Finance Pvt. Ltd.
October 24, 2016 ·
“Needing insurance is like needing a parachute. If it isn’t there the first time, chances are you won’t be needing it again.” -Confucius
 
Twitter
HD Insurance‏
@InsuranceHd
Needing insurance is like needing a parachute; if it isn’t there the first time, chances are you won’t be needing it again.
11:16 AM - 31 May 2017