Creating a Financial Plan 3 – Insurance Planning
Insurance Planning protects our financial plan for the best value, letting us apply savings to other aspects of the plan.
Insurance you Do/n’t Need
“There are worse things in life than death. Have you ever spent an evening with an insurance salesman There are some insurances you need, and others you don’t. Insurances you DO need: Health Insurance Disability Income Insurance Term Life Insurance (if you have dependents, previously covered) Home & Auto Insurance Insurance you MAY need: Long-Term…
Term Limits
“If you’re married you want the right amount of life insurance. Too little and they may be in trouble if you’re killed. Too much and you may be in trouble of them doin’ the killin’.” ~Anonymous If you have people depending on your income, YOU NEED TERM INSURANCE! What is Term Insurance? Who needs it?…
Long Term Care & Other Uses
“In the hospital they throw you out in the street before you’re half cured. But in a nursing home, they don’t let you out until you’re dead.” ~George Bernard Shaw While Permanent Life Insurance is wrong for most people, there are a few good uses for it. We will cover the three good uses for…
Life Insurance Lies!
Life Insurance Agents and “advisors” will use many tactics to sell you permanent life insurance. But you don’t need it! We over 10 myths here.