FM-07 Living on a reduced income creates a stressful environment for most families, and research indicates that when one experiences stress one is more likely to encounter an accident or develop an illness. This possibility would further threaten your financial condition. Consequently, this is no time to let insurance coverage lapse.
Insurance premiums can be difficult to manage when living on a reduced income.
But it is possible to maintain or increase coverage while cutting premium dollars by becoming a knowledgeable consumer. This is accomplished by analyzing your needs, determining how much coverage is necessary, deciding how much you can afford to spend, and comparison shopping for the best price. Life, disability, health, property, and casualty insurance will be discussed. Use personal knowledge to make your decisions. Purchase insurance to cover catastrophic losses, not small losses.