Money Talks....

Thank you for joining us today on this issue of Money Talks…. With the holidays behind us, January always starts out cold and slow. We find us in the house more these days. What a perfect time to go through all the pertinent. When was the last time you did a review of these documents? Now is a great time to set up a review of life insurance, annuities, and long term care needs.

Things to review:

Coverage: Most people do not have enough coverage. 60% of life insurance pays for final expense. 43% of life insurance leaves an inheritance. 35% of life insurance cover large debts and 32% of life insurance replace income for beneficiaries.

Beneficiaries: the most common change. If you have gone through a divorce, make sure that you change your beneficiaries. Also, we get asked all the time about having children as beneficiaries. Beneficiaries should be 18 years old.

Address: do you have your current address.

Performance: current enforce illustration for life insurance policies or annual statement for annuities

Also, great time to review trust, wills and POA’s. You are never any younger than you are today. Contact us today to set up a review of your policies. Not everyone lives to be old.

Until next time,

Diane.