So today, let's review the important parts of your insurance financial plan.
Protect Your Stuff - This is what we think of first when it comes to insurance. Fixing your car after an accident and replacing your belongings after a fire. When you review your financial plan, you want to make sure that all of your valuable assets are protected. Cars, homes, high priced jewelry or artwork, boats, motorcycles, ATV's, etc. Protect it all and make sure that the deductible is reasonable and that you have full replacement cost coverage. (We can explain all the details.)
Protect Your Money - Liability is a misunderstood coverage, but it's extremely important. When you are held responsible for an accident, your assets and money are at risk! What if your teenager caused an accident and your were sued? What if you caused a major accident and didn't have enough liability coverage? Good insurance can make sure this doesn't happen! We look at how much you have to protect (total assets) and create a plan to cover it all.
Protect Your Family - You can protect all of your belongings, but the ultimate way to protect your family is with good life and disability insurance. If something happens to you, you don't have to worry about your family being protected. You can plan to pay off debt, pay for college, or anything else that is important to you.
All of this might seem like a lot for think about, but it doesn't have to be. With a great insurance agent, you can meet once a year and trust that all of these things are taken care of. Why not take a few minutes to schedule an insurance financial planning review with one of our agents?
Call us with any questions at 612-217-0157 H. Ray Alkalai @ Alkalai Financial Group