I notice that while a lot of folks are upfront about their investments, there is very little talk about being insured.
To me, insurance is a key component of financial planning. It takes one awful unforeseen life event to bring even a fiscally responsible family to financial ruin.
So here are my questions for the forum:
Are you insured? If so, what kind of insurance do you have? If not, why not? What does your family picture look like? What do your genes have in store for you?
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I am happily married, with one daughter, and I work full-time making pretty decent money. I am adopted, so I have no idea what genetic tricks will come to play later on in life.
We have term-ten life insurance as well a partial universal life insurance policy which will pay dividends upon retirement. We also have critical illness insurance, and long term disability and long-term care insurance.
Some may say we're over-insured, but I sleep pretty well at night ;-)
To me, insurance is a key component of financial planning. It takes one awful unforeseen life event to bring even a fiscally responsible family to financial ruin.
So here are my questions for the forum:
Are you insured? If so, what kind of insurance do you have? If not, why not? What does your family picture look like? What do your genes have in store for you?
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I am happily married, with one daughter, and I work full-time making pretty decent money. I am adopted, so I have no idea what genetic tricks will come to play later on in life.
We have term-ten life insurance as well a partial universal life insurance policy which will pay dividends upon retirement. We also have critical illness insurance, and long term disability and long-term care insurance.
Some may say we're over-insured, but I sleep pretty well at night ;-)