Risk Management Questions

Most people are confused about how much insurance and how much risk is appropriate to assume. They wonder how an unexpected death, disability, or long-term care requirement would endanger their family's security.

• Do you have adequate family security measures in place?
  
• Are you wasting money on unnecessary or overpriced coverage?
  
• What other reasons might there be to carry life insurance other than your untimely demise?
  
• What type of life insurance is most appropriate for your needs?
  
• What protection do you have in place in case of disability - cash reserves, insurance?
  
• Would you be able to self fund your insurance needs?
  
• How appropriate will a long-term care policy be for your situation? At what age should you buy a policy?
  
• What configuration of benefits is appropriate when selecting a long-term care insurance policy?
  
• What choices will you have for medical insurance after retirement?
  
• What is the likely inflationary impact on medical costs and health insurance?
  
• How protected are you if you are sued for a liability issue?
  
• How can an excess liability policy coordinate with your other insurances?
  
• Is your homeowners insurance based on the correct replacement cost?

With your insurance issues taken care of, you are better protected against the financial consequences of a major misfortune and your family's security is strengthened protected against the financial consequences of a major misfortune and your family's security is strengthened.

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