https://padlet.com/michaelc589/ecsexsu8m40c Life Happens en-us 2018-03-22 17:28:09 UTC 2018-03-27 10:58:06 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Shakinghands.png michaelc589 https://padlet.com/michaelc589/ecsexsu8m40c/wish/245154465 Insurance for singles?
Disability insurance & Life insurance on some occasions.
Family?
Life Insurance
Disability Insurance
Health insurance
After Retirement?
Life insurance
Long-Term Care Insurance
Human Life Worth:


]]> 2018-03-22 17:56:44 UTC https://padlet.com/michaelc589/ecsexsu8m40c/wish/245154465 michaelc589 https://padlet.com/michaelc589/ecsexsu8m40c/wish/245592015 Types of events to evaluate/ re-evaluate insurance needs
- Retirement: Have enough savings opportunities to meet your long-term goals
- Divorce: Protects the financial interests of both parties and their dependent children.  
- Changing jobs: You can replace your current earnings
- Having a child: Financially protects your child
- Protects retirement plan
- First Job: If you have debt to pay, including student loans, credit card bills, and car payments.
- Getting married: If your job is the main source of income.
- Buying house: Financial support that would let your family pay off the mortgage.

]]> 2018-03-23 17:38:47 UTC https://padlet.com/michaelc589/ecsexsu8m40c/wish/245592015 michaelc589 https://padlet.com/michaelc589/ecsexsu8m40c/wish/245599767 Who needs it?
Anyone is isn't completely financially independent.
5 events to re-evaluate disability insurance
- Illness
- injury
- Unable to work
- Marriage
- Divorce
5 Disability Insurances
- Non-cancel able: can't cancel, increase the premiums on or reduce the benefits of as long as the customer pays the premiums.
- Guaranteed Renewable: Obligates the insurer to continue coverage as long as premiums are paid on the policy.
- Conditionally renewable: Allows an insurance company to cancel or not renew a policy benefits the insurer, not the policyholder
- Cost of Living Adjustment: Adjusts the amount of monthly disability benefit received by the insured each year during his or her disability
- Business Overhead Expense: Pays the insured's business overhead expenses if he or she becomes disabled

]]> 2018-03-23 17:52:37 UTC https://padlet.com/michaelc589/ecsexsu8m40c/wish/245599767 michaelc589 https://padlet.com/michaelc589/ecsexsu8m40c/wish/246073333 When should I get one?
After aging (at least 50 in age)
What types of care are covered?
- Assists living
- Adult daycare respite care
- Hospice care
- Nursery homes


]]> 2018-03-26 13:39:02 UTC https://padlet.com/michaelc589/ecsexsu8m40c/wish/246073333 michaelc589 https://padlet.com/michaelc589/ecsexsu8m40c/wish/246207101 Scenario 1: Disability & Life Insurance. Reasons: Single, New job, Financially dependent
Scenario 2: Life/ Disability/ Health Insurance. Reasons: Married, have kids, House
Scenario 3: Life/ Long-Term Care Insurance
Reasons: Financially dependent, aging, no children, retired

]]> 2018-03-26 17:33:51 UTC https://padlet.com/michaelc589/ecsexsu8m40c/wish/246207101