Life Insurance provides three main purposes: pay for burial expenses and final bills to close out your estate, replace the income you would have provided to a dependent (relative or business partner), or to gift to a charity or institution you want to support. There are two basic types of Life Insurance policies, a Whole…
Read More
As you begin to build your life, carefully curating pieces that add beauty and joy to your home, take steps to do what you can to preserve and protect them, so you can enjoy them for many years to come. Making note of where each piece was acquired helps remind you of special moments and…
Read More
There’s an interesting balance between covering as much as you can with your own resources and purchasing insurance to cover potential risks that could devastate you. In my previous post, I provided an overview of how to self-insure. In summary, self-insure as much as you can, then purchase insurance for the big stuff. When it…
Read More
Over the next few days I’ll be exploring how to leverage insurance to reduce financial risks. Let me begin by saying that insurance is a fantastic tool towards financial wellness and the more you understand how each product works, you’ll be able to tailor options to your needs. Your first option in every situation is…
Read More
Over the past few days I’ve been posting snippets of insights to help you get started on your journey towards financial wellness. It is definitely a journey over a lifetime that involves managing risks. Risks, or uncertainties, are exactly that – they are not fully known or guaranteed to happen. If and when they do…
Read More
