If you own a home, homeowner’s insurance is a necessity. You hope you don’t need it and the premiums are never pleasant, but you’ll be glad you have it if you need to make a claim. That’s the purpose of insurance. I know many clients I work with are frustrated with rising premiums even though they have never made a claim and are often unsure of what is reasonable. The levels of coverage and premiums … Read More
Question: Can I get disability insurance if I’m self-employed, and if so, should I? Answer: Yes, and if you’re self-employed, disability insurance is even more important for you than for the average employee. If you are injured and are unable to work, you don’t have the built-in luxury of paid sick leave to tide you over. This means you need to take a serious look at your financial situation and decide whether you have … Read More
Question: It’s open enrollment season at work and my husband and I are each on our own employer health insurance plan. Should we consolidate our coverage to one plan? Answer: When you and your spouse are making this decision, it may be useful for you to focus on three key areas: the out-of-pocket cost of each plan the levels of service and coverage offered, and the coverage offered to any dependent children, if applicable. … Read More