How's your insurance coverage holding up?
March 29, 2011
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Are you called a worrywart, a pessimist, or even a downer? Well maybe it’s time you take that as a compliment if you think of the ‘what-ifs’ in life and plan ahead, you’re probably ready for anything, including your insurance needs!
Many people don’t plan for the unexpected so they find themselves in a tough situation when something catastrophic happens. The changing weather has people in fear of flooding, hail, and even tornadoes in some parts of the country. Do you have the appropriate coverage on your home insurance and car insurance in case a natural disaster does hit your neighborhood? In some cases flood insurance is not available, so those homeowners should look at stashing some money away to potentially redo their basement.
Now for all those hypochondriacs out there, health insurance is probably something that has come in handy. There are many insurance plans that range in price and coverage so you’ll have to shop around to find the right plan for you and your family. Make sure to take into consideration your family history when looking at insurance quotes, because cancer treatments and heart medications can really add up in cost if you’re uninsured.
What happens if the unthinkable happens and you’re no longer here to take care of your family? Life insurance is there to make sure your family is taken care of after you’re gone.
It can be tough to think about these devastating events and hopefully they never happen to you or your loved ones but if you’re prepared it can lessen the pain of the unexpected in life.