Most people don’t like to think about or spend money on insurance. However, insurance is the foundation of a strong financial plan, and protects you and your family from financial loss due to illness, accident or unexpected disaster. The type and amount of insurance coverage you need depends on the stage of your life. Consider the types of insurance below when evaluating your insurance needs.
Types of Insurance for Seniors:
Things to Consider When Purchasing Insurance
Take the time to research the appropriate type and coverage level of insurance to give yourself peace of mind and protect your assets and family if the unexpected happens.
Beth Carroll is a CPA and a Professional Daily Money Manager. Her company, Cornerstone Money Management, LLC, helps seniors in their homes with billpay, financial organization and cash flow management. You may reach her at email@example.com or 401-323-4895.