Do you have a financial plan? Many of these plans include a family budget, savings for emergencies, retirement savings, and….insurance!
There are many important parts to having a strong financial plan. Let’s review!
Protect Your Stuff
This is usually what comes to mind when you think of insurance. Fixing your car after an accident, or replacing your belongings after a loss. When setting up your financial plan, or reviewing it, you want to make sure that your assets are covered. Those would be your cars, home(s), jewelry or artwork, boats, motorcycles, ATV’s, etc. Make sure that you have full replacement cost coverage and that your deductible is reasonable. (These details we can explain.)
Protect Your Money
Liability is extremely important, but can be misunderstood. If you were to be in an at-fault accident, your assets and money are at risk! For example, what would happen if you or your teenager were involved in an accident and got sued? What if you didn’t have enough liability insurance? Making sure you have enough coverage can make sure this doesn’t happen! We look at what your assets are (i.e. home, car) and create a plan that best suits you and your needs.
Protect Your Family
Belongings can be replaced, but how do we make sure your family is protected? The best way to make sure your family is covered is with good life and disability insurance! If something were to happen to you, would your family be able to pay off debt, pay for college and be able to live on their wages? We can craft a plan to make sure that everything that is important to you is covered.
This may seem like a lot to take in, and we understand. At Matt Elwood’s Allstate Agency we strive to take the stress off of your shoulders. You can trust us to take care of you! Call us at 360-452-9200 to schedule a financial planning review with our agent, Matt!