Savings and investments are essential parts of financial planning, but what if disaster strikes? Unexpected medical bills can drain your accounts quickly, leaving you in a difficult position. However, the right insurance can safeguard your nest egg. 

Insurance planning ensures you have the appropriate coverage to protect your assets. There are many kinds of insurance, each with different benefits:

• Long-Term-Care Insurance: Chronic medical conditions require ongoing management, especially as you get older. Long-term care insurance covers medical expenses associated with chronic illness, including daily activities assistance.
  
• Life Insurance: Should you pass away unexpectedly, this type of policy pays out a predetermined amount to beneficiaries, who can use it for funeral and living expenses.
  
• Disability Income Insurance: If you become disabled through injury or disability, this insurance provides income, ensuring you aren't dependent on social security or family members.

Insurance is a backup plan, which means you must estimate how much you need. Many factors impact this assessment, and not all of them are obvious. An insurance planning expert helps you navigate this complex process to get the most out of your policies.

Unland Wealth Solutions is dedicated to helping clients create financial plans that suit their unique circumstances. We always put your well-being first and continue to monitor plans to anticipate necessary changes. To learn more, contact us at 800.747.3241 or visit us online.