The Insurance Plans You Need

The epidemic of COVID-19 has provided us with some sobering perspective about ourselves. Nobody is immune from getting sick, or worse. Today, we look at the types of insurance that you should be sure to have. Health Insurance This is the obvious one. Most Americans have health insurance tied to their jobs. When they lose one, they lose the other. We examine the different ways to get health insurance if you're out of work. Life Insurance This is another big one, often tied to your employer as well. Many policies don't go with you when you leave a job. Shanna recommends coverage equal to ten times your annual income - and the different ways to protect yourself. Short Term and Long Term Disability Insurance We typically think of disability related to broken bones, car accidents, and the like. Many of us could continue desk jobs with a broken leg. But Coronavirus has taught us that we can become unable to do any job if we get sick. Short term and Long term disability insurance should be something to look into. And for business owners, own occupation and business expense coverage are also great ideas. Long Term Care Coverage Nursing home and other long term care facilities are prohibitively expensive. And it's a common misconception that the government picks up these costs. That's usually not the case. Long term care coverage can protect you against losing all of the money in your retirement assets. Umbrella Coverage This is the catch all - which can cover you above and beyond your other insurance plans. Shanna explains what this can cover, and why it's so important. Heritage Financial Website Call Heritage Financial at: (480) 397-1184