Having a safety net is fundamental to good planning—so purchasing life and property/casualty insurance to protect yourself, and your family, your home and possessions from an untimely demise is a must. As you add children and possessions, often your insurance coverage hasn’t kept up. It’s always a good idea to review these needs periodically with a planner.
Health insurance, especially with the introduction of Health Savings Accounts (HSA’s) has made choosing a health insurance plan even more complex for the self–employed and small business owner. Planning for rising costs of health care during retirement is essential.
Long Term Disability (LTD) insurance makes sense for many professionals who have invested heavily in their education and would be hard pressed to replace their income stream if something would impact their ability to perform their job. The choice of a good LTD insurance policy is especially a critical one for young medical and dental professionals embarking on their career after years of expensive education and training.
Long Term Care insurance is a new product that enables you to maintain control over the care you will receive in your later years, when you may require assistance at a long term care facility or at home. It is something that anyone over the age of 55 should consider, especially if you live alone. Because the insurance companies’ claims experience with Long Term Care is relatively recent, the features and pricing of policies have become quite complex. It requires thorough analysis to determine if obtaining an LTC policy is right for you.
Lauren is not affiliated with a single life or health insurance carrier. She works with a variety of other INDEPENDENT, licensed health and life insurance professionals on a referral basis to make sure that clients receive the very best service and policy features in the market.