Do you hate insurance? You might want to rethink that stance.
When it comes to insurance, we generally meet three types of clients:
- Clients who hate insurance, “it’s a waste of money!”
- Clients who are haphazardly insured. They may have coverage they don’t need, or can’t afford, or the wrong type or amount of insurance – often purchased at the end of a sale pitch from an assertive member of the “Million Dollar Round Table” of top insurance producers.
- And, we have clients who are sufficiently insured to face life’s risks.
How do you know if you are sufficiently insured? You have considered the economic risks in your life. Then, you have prioritized those risks, considered your budget, and sought to purchase the appropriate quality and quantity of coverages.
In the typical household, you might identify and rank the following economic risks that can be, at least, reduced by insurance:
Of course, the order of importance might be different for a single person versus a family of four; for different income and net worth levels; different health conditions; budgetary constraints; or different based on personal risk tolerance.
In the event of an illness or accident or tragedy, adequate insurance protection might fill the gap between current and future financial security and financial ruin. As personal financial planners, we are prepared to assist you with periodic audits of your various insurance needs. To serve you with excellence, we partner with extraordinary insurance advisors to review your existing coverages and to connect you to the best of traditional or progressive insurance coverage options.
Please keep in mind — we do not sell insurance. Although, we do help you find solutions that fit your personal financial plan. Give us a call (888) 690-1231!