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Donna Said:

What other types of insurance do you have besides homeowners, auto, health, and life?

We Answered:

You may want to look into an Umbrella policy. This will cover you if you should get sued for more than the coverage you have on your auto or home insurance. See your agent for details.

I recommend the you see a LOCAL agent and have him/her do a free Financial Need Analysis (FNA), or other Total Need program, to help YOU determine how much, and what type, or combination of, life insurance YOU need to reach YOUR own short and long-term goals and objectives. You will be given several options, YOU choose what best fits YOUR needs.

If an agent recommends an amount or a particular type of life insurance without doing the FNA, he/she is being unprofessional, and doing you a disservice. Remember, it's YOUR plan, and NOT the agent's.

The FNA will also help you dertermine if you need Disability Income Protection, to provide an income should you be hurt or sick and can't work. This protection could keep you from losing your house if you couldn't pay the payments while on disability.

The FNA will also help you determine if you need an Individual Retirement Account (IRA) to help you save for retirement. (All that will be there when you get there is what you send on ahead.)

According to statistics, disability is a greater risk than death prior to the age of 65.

Best wishes.