Insurance Coverage for Families
As a parent, protecting your children is most likely first on your list of priorities. While certain daily decisions, such as locking the door and making sure that they put on their seatbelt can help to keep them safe, investing in the right insurance policies can help to ensure that they have the protection that they deserve. Consider these insurance policies to properly protect your family.
- Life insurance – life insurance is the only policy that you do not buy for yourself since you cannot benefit from the payout. The death benefit that is provided by your life insurance policy will provide a financial cushion for your loved ones after you are gone to ensure that they have the money needed to pay for school and life necessities, such as housing and food.
- Disability insurance – if you are injured and no longer able to work, you will still have to keep up with your bills. Disability insurance will help to make sure that you are still able to pay your bills, even when you are not able to get a regular paycheck. Make sure to invest in enough disability insurance that will cover at least 60 percent of your bills.
- Health insurance – health insurance is now required under the Affordable Care Act, and it can provide the financial protection needed in case you or a family member gets sick or injured. Medical bills can add up very fast, even if you are just going into the doctorâ's office for a small cold. Having the right health insurance policy can help to make sure that you are not paying for the visit for many years to come. If your work does not offer a health plan, make sure to find one on your own that will provide enough protection for all of your loved ones.
For more insurance advice and to ensure that you have the right Northern California insurance policies to protect your family,Â
contact the insurance professionals at Cook, Disharoon & Greathouse in Oakland, California.
