Friday, 6 January 2006
Insuring Your Future
It’s no big surprise that Americans spent record level dollars yet again this holiday season. And after the dust has settled, many are resolved to deal with debt and improve their saving and spending habits in the New Year.
But for all their good financial intentions, there’s one thing that’s easily and commonly overlooked: providing your family with long-lasting financial protection against the unexpected.
It’s a point stressed recently by the Life and Health Insurance Foundation for Education (LIFE). According to David F. Woods, president of LIFE, having a plan to protect loved ones who stand to suffer financially if something were to happen to you is the first step towards financial security.
"Resolving to reduce debt and increase savings are excellent financial
goals, but if you lack a safety net to provide the foundation for those plans,
you run the risk of leaving your loved ones in a financial bind if tragedy
were to strike," says Woods. "New Year's is when many people take
stock of their finances and the perfect time to meet with a qualified insurance
professional to discuss how to protect your family's financial plans for the
future."
To help Americans secure their family’s finances, LIFE has compiled six “insurance
resolutions” for 2006.
The resolutions include making sure you have the right amount of coverage, becoming healthier to lower your rates, discussing financial arrangements with family and meeting with a qualified insurance professional.
To read the full resolutions, visit LIFE online.
Technorati Tags: Insurance
