Week 27
What will happen to your family if you can't work?
Most of us go throughout life without a contingency plan for major injuries, illnesses, or even death.
Chances are you will most likely get sick and lose your job before you die, thus losing your group health coverage. Along those same lines, what are you going to do if you can’t go to work for 3-4 months, 6 months, or even 1 year?
What about your retirement and what about the time when you can no longer completely function on your own?
You may not realize it, but it is extremely expensive to have long term care.
Insuring against these moments in life may be the difference between survival and financial ruin. Plus this will help your family and loved ones tremendously if you ever need these items.
Chances are you will most likely get sick and lose your job before you die, thus losing your group health coverage. Along those same lines, what are you going to do if you can’t go to work for 3-4 months, 6 months, or even 1 year?
What about your retirement and what about the time when you can no longer completely function on your own?
You may not realize it, but it is extremely expensive to have long term care.
Insuring against these moments in life may be the difference between survival and financial ruin. Plus this will help your family and loved ones tremendously if you ever need these items.
Homework
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O - Print out and read 5 Reasons to Purchase an IUL.
O - Print out and read 8 Common IRA Mistakes. O - Print out and read Why Long Term Care? O - Print out and read Do you Need Disability Insurance? |
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Extra Credit
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O - If you have a Long Term Care Policy already, Print out and read "Evaluating a Long Term Care Policy" to determine if you have the Long Term Care Policy you really want.
O - If you are considering Disability Insurance, Print out and complete "How Much Disability Insurance Do You Need". (Please, share with loved ones that are considering Disability Insurance) O - If you have substantial assets and would prefer an LTCi option that is more cost effective, called “asset based LTCi”, email us at info@life1010.info to learn more. |
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