It’s that time of year when each of us resolves to make improvements – whether we call then “New Year’s Resolutions” or not. As you think about the upcoming year, why not consider things you might commit to doing to help maintain your financial safety?
Since your insurance portfolio helps protect your financial well-being, we thought we would suggest some resolutions that should help you to avoid the most likely insurance claims that could arise – whether with your home, your car or, indeed, your life.
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This is the time of year when, it seems, everyone is tying the knot -- strolling into wedded bliss. All the checklists and plans are underway, and dreams of the wedding march and the honeymoon dance in your head. But does that checklist include the possible changes to your insurance portfolio as you join two lives and become a couple? Will you need different financial protection? What will managing two careers as a couple mean for you? How will merging two households affect you?
Do your future plans depend upon two incomes? If so, your lifestyle will reflect that. You will have expenses that you have not yet anticipated, and perhaps you have existing education loans or even medical bills to pay. Then there's retirement... yes, it seems so far away, but who knows what the future will bring? Will you buy a home? Will you start a family? In fact, one never knows what life holds in store, so it is important to make plans now to protect what you have and what you expect to have.