Life Insurance/Disability/Long Term Care
None of us like to think of the scary “what if's” in life. That said, the age old saying “Plan for the worst, hope for the best” has it's merit.
Some of the critical points to consider are:
If you were to pass away unexpectedly or become disabled would your family have enough money to cover monthly expenses?
As a business owner, if something happens to you, what will happen to your family's income? What will happen to your employees?
What plan is in place if you or your business partner passes away or becomes disabled?
Have you considered long term care? Understanding the risks is important.
If you have a sizable estate life insurance can maximize the amount that your children will inherit.