Even the best financial plan can fail if it doesn't consider risks such as death, disability, personal liability and loss or damage to substantial assets. Here you will find information about life, disability, umbrella, auto, homeowner's and long-term care insurance. This program describes each type of insurance product and discusses how to evaluate your needs and what you should consider in selecting a policy. Our program is intended to help you understand how you can use insurance to manage the risks in your life. This program does not cover health insurance since most individuals do not purchase their own health insurance.
Most employers offer some level of group coverage and often cover some portion of the cost.
We do focus, however, on disability and long-term care insurance as important elements of your overall financial planning. Making informed decisions about insurance means becoming better acquainted with the risks that you and your family face. You need to decide whether to work toward avoiding certain risks altogether, to insure some risk or to simply accept that you will be exposed to some risks and will count on your own resources to cover those risks. One or more of these approaches can be appropriate for a given risk. The Risk Management Process described below can help you make those decisions.