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Mapping your future includes not only saving for your future, but also preserving your savings and income. A review of your current life insurance coverage ensures you have proper coverage to meet your life and long-term disability or care needs. As your full financial services firm, we will help you work towards making informed decisions to ensure that you have the appropriate insurance in place to protect you and your family.
Some experts say you should plan to have enough life insurance to cover at least five to 10 times your annual income. Life insurance is not just for older individuals, it is also very important particularly if you have a young family. How would your family manage financial if they were suddenly without one parent's income? It is best not to simply guess, but talk and plan it through with your financial advisor.