Long term care insurance is a particularly important type of insurance. This type of policy is meant to provide for your personal care and wellness when you reach an age or health condition where you need assistance with the basic functions of living.
An umbrella insurance policy, sometimes known as excess liability, is additional personal liability coverage that supplements auto and homeowner insurance liability coverage and protects you from a wide variety of risks. Umbrella policies have been historically purchased by wealthy individuals with substantial assets to protect, but anyone with assets and a decent income can benefit from the extra coverage.
If you are joining a new company, you will be faced with selecting your benefits. Should you own a personal life insurance policy as opposed as to joining a group life insurance policy offered through your company? Listen to the advice
Is it worth it to shop around for your home and auto insurance policies? Not necessarily. It depends on the coverage your company is offering you. Make sure you know what you are getting.
Bob and Michael Whitman discuss disability insurance. A listener question asks: My employer pays for me to get 60% of my pay if I’m disabled. I figure that is OK as social security disability benefits should make up the difference. Is this logic sound? The answer is no. Hear why. Listen to the discussion on …
Michael Whitman shares his expertise life insurance and what you need to consider before you invest and some of the mistakes that have been made. In addition, with people living longer, there are new scenarios that need to be considered. Listen to the discussion on life insurance considerations.