[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.amorusolaw.com\/blog\/insurance-and-financial-planning-go-hand-in-hand\/#BlogPosting","mainEntityOfPage":"https:\/\/www.amorusolaw.com\/blog\/insurance-and-financial-planning-go-hand-in-hand\/","headline":"Insurance And Financial Planning Go Hand In Hand","name":"Insurance And Financial Planning Go Hand In Hand","description":"Discomfort with the details prevents many people from obtaining the necessary coverage. The kinds of insurances we are \u201crequired\u201d to buy help us with the minor bumps and scrapes in life and are sometimes easy to think about, shop for or ensure that we have adequate coverage. Auto and homeowners insurance, for example, come immediately […]","datePublished":"2013-11-29","dateModified":"2023-08-12","author":{"@type":"Person","@id":"https:\/\/www.amorusolaw.com\/blog\/author\/amorusolaw\/#Person","name":"Amoruso & Amoruso LLP","url":"https:\/\/www.amorusolaw.com\/blog\/author\/amorusolaw\/","identifier":5,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/12de032c04195e9c39a06a6d6eea182f7b4fa655c20e245f8094a244b5cdd0cb?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/12de032c04195e9c39a06a6d6eea182f7b4fa655c20e245f8094a244b5cdd0cb?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Amoruso & Amoruso LLP","logo":{"@type":"ImageObject","@id":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/07\/amoruso-logo.svg","url":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/07\/amoruso-logo.svg","width":0,"height":0}},"image":{"@type":"ImageObject","@id":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/04\/6a01901dd0a082970b01a5101681b5.jpg","url":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/04\/6a01901dd0a082970b01a5101681b5.jpg","height":791,"width":607},"url":"https:\/\/www.amorusolaw.com\/blog\/insurance-and-financial-planning-go-hand-in-hand\/","about":["Estate Planning","Life Insurance","Long Term Care"],"wordCount":259,"keywords":["Disability Insurance","Estate Planning","Insurance","Life Insurance","Long Term Care Insurance"],"articleBody":"Discomfort with the details prevents many people from obtaining the necessary coverage.The kinds of insurances we are \u201crequired\u201d to buy help us with the minor bumps and scrapes in life and are sometimes easy to think about, shop for or ensure that we have adequate coverage. Auto and homeowners insurance, for example, come immediately to mind.On the other hand, disability insurance, long-term care insurance and life insurance are another matter entirely. As USA Today points out in a recent article titled \u201cInsurance is most ignored in financial planning,\u201d these three insurances are all too often ignored, misunderstood and difficult to think about emotionally. Nevertheless, they are often essential.Insurance is, quite literally, a product you purchase to solve a risk. It is peace of mind. Without fail, insurance is more cost effective than coping with a disaster. To become disabled, especially late in life, is to lose income that may be necessary for you and your loved ones. Disability insurance can mitigate this. Likewise, with the rising costs of medical care and seeming inevitability of requiring a good deal of elder care, long-term care insurance can step in when the medical needs are overwhelming. And finally, life insurance helps eliminate the risk your family faces without you and your income.Each type of insurance is well worth your consideration, and each can be budgeted to fit within a comprehensive financial plan.Reference: USA Today (November 10, 2013) \u201cInsurance is most ignored in financial planning\u201dFor more information on asset preservation and estate planning, please visit my estate planning website."},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog","item":"https:\/\/www.amorusolaw.com\/blog\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"Insurance And Financial Planning Go Hand In Hand","item":"https:\/\/www.amorusolaw.com\/blog\/insurance-and-financial-planning-go-hand-in-hand\/#breadcrumbitem"}]}]