INSURANCE
The area of insurance is often a misunderstood but critical component of the financial planning process. No one likes to pay big premiums for insurance coverage, but when you need it in times of loss, insurance is an important tool to protect your plan. We’ll walk you through the specific types of insurance you need to have a comprehensive risk management program, protecting your property and your family against the perils of loss which can be managed through proper insurance coverage. The key to maintaining an effective insurance program is keeping the proper balance between cost and coverage in each key area. When you are finished with this section of your financial plan you can be confident you have provided proper protection in the key areas of risk we face throughout our lifetimes.