In the aftermath of the devastating California wildfires, now is a good time to review your homeowners insurance coverage. Here are some of the important items that should be covered under your policy, to ensure you are protected.
Once you turn 50, it’s a good idea to start thinking about long-term care. Long-term care is asset protection, and it’s appropriate both before and after you are retired. It is beneficial to purchase this type of insurance by age 55, to lock in
If you can buy it, an “own occupation” long-term disability policy is best. Own occupation coverage provides protection in the event of a disability that precluded you from earning the salary that you are accustomed to earning. Any benefit payments received will be tax-free,