Insurance help for busy parents
Do you have enough life insurance?
Have you protected your income with disability insurance?
Do your home, auto, and umbrella liability policies have gaps or overlapping coverage?
As an important component to your Comprehensive Personal Financial Plan, Tamarind Financial Planning is here to help you better understand the purpose of insurance and which types are best for you.
Who should have life insurance?
That’s simple: anyone who will suffer financially if you die. That includes stay-at-home parents who don’t receive a paycheck. If you died, your services would need to be replaced by a chauffeur, cook, housekeeper, personal shopper or errand service and home manager, to name just a few. How would your surviving spouse foot the bill for all that?
How much life insurance should you have?
You should have enough life insurance to pay off any debt you may leave behind, including your funeral costs, and to comfortably provide for any dependent children until they reach adulthood. If paying for your kids’ college is an important goal, you will want to purchase enough insurance to cover college costs as well.
Should you have disability insurance?
At Tamarind financial Planning we will help you weigh the pros and cons of purchasing disability insurance, and help you decide if it is right for you.
Protecting your property with insurance
As part of your personal financial plan, we will help you evaluate your property insurance needs and make sure you know exactly how much insurance you need.
If you would like more information on how to achieve financial freedom and receive help understanding your insurance needs, or for more information on your own personal financial plan and personal investment management, please download your free copy of our Services Guide. If you live in the San Mateo area, get in touch with us today for your FREE Personal Financial Planning Consultation.
