You’ve worked hard to build a solid financial footing for you and your family, so you want to be sure that everything is protected. Accidents and disasters can and do happen, and if you aren’t adequately insured, it could leave you in financial ruin. You need insurance to protect your life, your ability to earn income, and to keep a roof over your head. As you evaluate the potential gaps in your insurance coverage, consider which policies you may want to include your short- and long-term financial plan. 

You can insure almost anything under the sun, but certain things need to be properly insured. This insurance need typically includes your life, your health, and your property. At a minimum, it’s important to have:

  • Health insurance to cover medical costs for yourself and your family
  • Life insurance can provide financial security to your loved ones at your death
  • Homeowner’s or renter’s insurance insures your home and valuable possessions
  • Auto insurance to protect your vehicle

How much Insurance do we need?

How much coverage you need is an important question. You may find that you don’t need any life insurance or that you need a million dollars or more in coverage. Generally, there is an inverse relationship between one’s financial capital (hard assets currently owned) and one’s human capital (future earning potential). The greater one’s financial capital, the lower the need for life insurance.

That said, many factors need to be considered before purchasing life insurance. A good place to start is to ask yourself what you need life insurance to do for you and your family. For example, you may only need enough coverage to pay for final expenses. Or, you may want to have enough life insurance to pay off the mortgage, put your kids through college, and cover everyday living expenses for your family. Finding out whether or not you need life insurance, and if so, how much is a good place to begin.

We help people identify their problem, make them understand their risks and provide them the right solutions…. We do not promote an insurance, we insist for their secured life….

Feel free to call us or write to us….