As you spend Valentine’s Day with the ones you love this month, consider whether you’re properly insured to provide for them if something happens to you. While your insurance policies technically cover you, they provide peace of mind for those around you.
Here are some ways to insure your love:
Life Insurance: Part of your financial plan should include how to provide for those who depend on you for financial support. Having enough life insurance to cover medical bills, funeral expenses, debts, your income, and future savings or tuition plans can help your family avoid financial hardship and maintain their lifestyle after you’re gone.
Disability Insurance: An illness or accident leaving you unable to work could occur any time. Recovering from a temporary disability or learning how to live with a permanent one is distracting enough without having to worry about how you will meet current obligations and maintain your standard of living. A disability income protection policy can make it possible for you to keep your house, keep the lights on and water running, buy groceries, and pay for your medical, home and auto insurance, etc.
Long Term Care Insurance: Who will care for you when you are unable to take care of yourself properly? If you need professional, skilled care, who will pay for it and how? A Long Term Care Insurance policy can help you rest assured that you will be able to afford quality home health and skilled nursing care when you need it. Your family will have the peace of mind that you will be well cared for, without someone having to relocate, work fewer hours or quit their job, or help you in very personal ways that aren’t comfortable for anyone, such as toileting, dressing, and bathing.
Health, Dental and Vision Insurance: Use the preventive benefits of your health, dental, and vision insurance to ensure any abnormalities are caught and treated early. Having comprehensive health, dental, and vision coverage can help pay for any necessary treatments, such as prescriptions, therapy, and surgeries. Take care of yourself now so you can be there for your loved ones now and into the future.