We all wish that we were invisible, but the reality is that life throws us unexpected twists and turns. Having insurance for both your health and your life not only protects you, but it also protects the people that you care for. There are a lot of options when it comes to your health, long-term and life insurance programs:
It’s impossible to say which type of life insurance is better because the kind of coverage that’s right for you depends on your unique circumstances and financial goals. In most health and life insurance policies, the type of insurance coverage depends on a temporary plan or a permanent plan.
For example, you may want certain life insurance policies to be in place until your children graduate from college. You may want health insurance coverage that has the strongest protection, should you need a long-term hospital stay. You may also change careers, and with that, you’ll have a need to change the type of disability insurance needed.
Remember, the best way to figure out the amount and type of health and life insurance that makes sense for your particular situation is to meet with a qualified life insurance professional.