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Picking Disability Coverage

Submitted by Jason Lina on Tuesday, June 16, 2015 - 3:00pm

If you’re like many people, you buy insurance for your $400 smartphone but fail to insure something worth a lot more: the loss of your future wages if you suffer a long-term disability (LTD), arguably the most critical risk for you to insure.

Disability Policies for Gen Y

Submitted by Mary Beth Storjohann on Wednesday, January 7, 2015 - 12:00pm

You’re about 20 years old and you have great health, a good job and a bright future – and a 25% chance of becoming disabled before you retire. Surprised? It’s time to educate yourself on the risks in your future and what can happen to your finances and life if you don’t protect yourself financially.

3 Must-Have Insurance Plans

Submitted by Barry Glassman on Thursday, January 15, 2015 - 12:00pm

Whether you are saving for retirement or a home, life’s unexpected problems can quickly derail all your hard work. That’s why having the right kind and amount of insurance is an important piece in any financial plan.\p>

Benefits for Surviving Spouses

Submitted by Matthew Illian on Thursday, May 15, 2014 - 3:00pm

The death of your spouse creates enough confusion without Social Security adding to the problem – which it does if you don’t play the benefits game right.

When you patch together the variations of survivor and personal benefits, remember that each has its own unique characteristics. The basics of qualifying for Social Security:

A Boomer Train Wreck

Submitted by Lewis J. Walker on Wednesday, April 10, 2013 - 9:00am

Baby boomers’ huge numbers and surprisingly shaky health threaten government old-age benefits. That’s why you need to bolster your own retirement finances more than ever.

Public policy experts question the sustainability of Social Security, Medicare and Medicaid as the baby boomer tsunami washes up on the shore of eligibility at the rate of roughly 10,000 a day.

Enough Health Insurance?

Submitted by Manisha Thakor on Wednesday, March 20, 2013 - 12:00pm

Every day, thousands of Americans find themselves in a difficult financial situation after receiving a dire medical diagnosis. Even those with health insurance are at risk of disaster in the aftermath of a medical emergency. It is imperative that you proactively shield yourself from this risk.

Think the Unthinkable

Submitted by A. Christopher Engle on Wednesday, October 10, 2012 - 12:00pm

Confidence and positive thinking serves you well most of the time, but don’t let it stop you from preparing for unexpected catastrophes such as a job loss, serious illness, death or divorce. 
As ugly as that sounds, it’s unwise to procrastinate or avoid making plans to get you through tough times. Here are some tough questions to ask yourself when developing a contingency plan:
·         How long can I pay my existing bills if I lose my paycheck? What expenses could I cut?

Protection Against Disability

Submitted by A. Christopher Engel on Monday, October 1, 2012 - 9:00am

If you are sick or injured, you likely have health insurance to pay for your care? But if you aren’t working because you are laid up, how will you pay your bills? That’s where disability insurance comes in. Sadly, too few are adequately covered.

What Insurance Do You Need?

Submitted by Donna Lea on Monday, August 27, 2012 - 12:00pm

Are you insured? Coverage is needed to protect you and your loved ones against any misfortune. Too many people are under-insured, and come to regret it.
One of the core foundations of financial planning is risk management.  After all, what is the point of saving and accumulating assets if everything you worked for disappears because you forgot to get insurance? If you start a college savings account, the goal is for it to fund college expenses, not an emergency.