| |
| |
|
Insurance Information |
|
|
|
Is Your Financial Security at Risk?
The topic of insurance is not sexy by any means. Perhaps that's why so many people avoid addressing it. Another reason may be a bit more subconscious--the avoidance of future, indeterminable events, in favor of present-day issues with more certainty. You are probably aware that many Americans are vastly under-insured. Home and auto insurance are important, and most people have that covered. What I am referring to, more appropriately, is your (1) life insurance, (2) long-term disability insurance, (3) liability insurance, and (4) long-term care insurance. It is almost amusing to see someone walking around with a $60 cell phone that they have paid to insure, while their multi-million-dollar body is completely unprotected! I said almost! Before addressing a client's investment situation, I always ask them to first consider the following four questions: If you were to die, would your family have enough money to both pay off the house and live off the earnings from your savings? If you were to injure your back, would you be able to cover the rehabilitation once your short-term coverage ran out? If you were to develop a long-term debilitating illness, could you afford $90,000 per year for excellent home care? If you've answered "no" to any of these questions, you might want to consider re-evaluating your level of protection. © 2004 Matthew S. Clement, All rights reserved Matthew S. Clement is a financial planner and investment advisor representative with Financial Network Investment Corporation, member SIPC. He provides holistic wealth management and retirement planning to individuals and businesses. He can be reached in New York at (845) 942-8578, or by email: ClementM@FinancialNetwork.com.
MORE RESOURCES:
Google News |
|
|
|
RELATED ARTICLES
Affordable Insurance Quotes To Save You Money! Whether you're looking for insurance quotes for auto, life, travel or health you can find some great rates on the internet. Insurance quotes coverage can provide peace of mind and also financial coverage in the event that something untoward happens. Is Your Financial Security at Risk? The topic of insurance is not sexy by any means. Perhaps that's why so many people avoid addressing it. Dont Just Accept Your Car Insurance Renewal Quote UK car insurance companies make substantial profits every year because a large number of existing customers just accept the renewal quote from their car insurance provider.Many people assume that because their first years premium was competitive they will continue to get good value for money from the same insurer. Types of Homeowner Insurance There are 6 different types of homeowners insurance in general that are consistently utilized. Of these HO-3 is the most usual policy then it is followed by HO-4 and HO-6. Health Insurance for the Beginner When it comes to your family, selecting the right health insurance plan could be one of the most crucial decisions you ever make. There are so many choices, but in a sense, for your loved ones there will never be enough. Insurance Claim - Medical Insights And Expenses There's nothing that has a greater impact on evaluating a personal injury insurance claim than the damage done to your body, the medical bills that are a direct result of that injury and the "pain and suffering" you were forced to deal with.Besides botching up your body (and sometimes your love life) what else does the injury mean to you? It means a ton of financial expense's, including repairing your car, lost wages, a shock to your life style, a tremendous inconvenience and short or long periods of pain and discomfort - - all of it a direct result of your injuries. Six Ways to Cut the Cost of Your Auto Insurance Is your auto insurance bill $12000 a year or even higher? It's not unusual for auto insurance to cost this much these days. But it doesn't necessarily have to cost this much. Canadian Funeral Insurance: Our Final Gift to Those We Love Most of us don't like thinking about our own funerals, but no matter how much we ignore the inevitable, the truth is that when the time comes someone will be responsible for those expenses. The question is will it be our grieving loved ones who foot the bill or will we plan ahead and purchase funeral insurance to cover those costs so they'll have one less concern to worry about. Do I Need Travel Insurance? In the United States health insurance, unlike many other countries, you can find dozens of Blue Cross Blue Shield plans. Hundreds of regular commercial insurance and so many more health insurance plans like managed-care plans-HMOs, PPOs and PPG's. Alternate Risk Transfer (ART) - Insurance Strategies Risk ManagementAlternate Risk Transfer is a fancy way of saying alternate methods of insurance and risk management, of which there are many. From the most basic alternative of going without insurance (self-insuring) to so-called "program business captives", there are a wide variety of strategies from which to choose. Which Car Should You Own To Keep Your Insurance Rates Most Affordable? Do you consider the cost of insurance before you buy your dream car? You should. The Highway Loss Data Institute analyzes the cost to insurance companies from theft, collision, and injury claims as they relate to cars. Risk Retention Groups RRG In response to a hard insurance market in the mid 1908's, Congress passed the Liability Risk Retention Act of 1986. The legislation was intended to simplify the regulatory process for affinity groups such as doctors, real estate developers etc, who wanted to find an alternative to the and unavailability high cost of certain types of insurance coverage. How Much Car Insurance Should You Buy? Car insurance is one of the most dreaded chunks in your budget. And depending on which state you live in, it could be a smaller or larger chunk of your budget than your neighbors across state lines. Long Term Care Insurance - Low Cost Alternatives For Budget Conscious Seniors! With Nursing home Cost's running $4,000 to $6,000 a month and outpacing inflation, it is a small wonder that most seniors cannot afford the Long term Care insurance premiums. Their are low cost Alternatives available for seniors who just can't afford the rising cost of these Premiums. Factors That Affect Your Car Insurance Premium Many factors affect the premium you will pay for auto insurance. Each is a statistically based risk for a specific population. Auto Insurance Information Online - Compulsory Auto Insurance In 47 of the 50 United States, it is illegal to take a car onto the road without auto insurance. Compulsory insurance laws protect the public from the expenses of injuries and property damage resulting from a car accident. Term Life Insurance and Permanent Life Insurance Term insurance and permanent insurance are two basic types of life insurance. Term life insurance is temporary, and it covers only a specific period of time called the relevant term. Term Life Insurance - A Safeguard for Small Business Owners Term life insurance can offer protection for a small business and its owners in surprising ways. If you own a small business, you probably pay property and liability insurance, and are protected against fire, theft, flood and other disasters. Can I Really Get Life Insurance, No Exam Required? Changing the way that life insurance is bought and sold on the Internet and through the media has opened up the doors for many people to have affordable life insurance policies. Life insurance no exam is one such brainstorm. Life Insurance Without Life Value: Why Young People Are Snubbing Financial Advice This article is written by a 27 year old female (borderline Generation X / Y) called Rachel. Rachel spent six years at university, has no outstanding debts with the exception of government student loans.
|
| home | site map | contact | Partners |
| © 2006 - insurance-information.cliczoom.com |
