Why you should consider Umbrella Insurance. It covers more than you think.

Businessman magical touch concept - umbrellaImagine if your dog were to bite a neighbor’s child or if there’s an accident on your rental property. Maybe a fire in your condo spreads to other units. What would happen if you or a family member missed a stop sign and struck and killed a pedestrian? If any of these things happened to you, there is a good chance your current liability limits wouldn’t be adequate to protect your assets—or your future earnings.

So, what is Umbrella Insurance?

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Building a Budget and Minimizing Debt

escape the debtFive years ago, a customer and his wife had found themselves overwhelmed by the debt they had accumulated. In many ways, they felt that their debt was controlling them instead of the other way around. We all sat down together and began making a list of the things they could change to help fix their current financial situation and begin preparing for their future. They were surprised at how quickly things fell in to place with some of the changes or sacrifices they decided to make and live by. When something like a car battery goes out, it’s no longer a minor emergency.

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What you should know if you are buying Insurance for the first time

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Buying health insurance can be confusing, even for those of us that have been doing it for a long time. So what if you’re right out of school and signing up for health insurance for the first time in your life. Many of the younger clients I have helped sign up for health insurance did not know the difference between a deductible and coinsurance.

Terms like “deductible” and “coinsurance” are part of basic health insurance lingo. Knowing what these terms mean will help you understand what you are buying now so you don’t end up with high and confusing medical bills later.

Here are a few important health insurance questions that millennials should ask themselves before they begin shopping for coverage. Continue reading

Life Insurance – It’s not a policy, it’s a promise!

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A life insurance policy can fill a wide variety of needs. One of its most important functions is to replace earnings that would cease if you or your significant financial partner dies. Many people are not comfortable with the idea of buying a life insurance policy. They would rather put their insurance premium dollars towards a savings or investment strategy. Here are some simple questions you can ask yourself to help determine if life insurance is a good option for you: Continue reading