Risk Management and Insurance
Protecting your financial plan against unforeseen events is crucial for long-term stability.
Types of Insurance
- Health Insurance: Covers medical expenses and protects against high healthcare costs. 발렌타인 12년산
- Life Insurance: Provides financial support to dependents in the event of the policyholder’s death.
- Disability Insurance: Replaces a portion of income if you become unable to work due to injury or illness.
- Homeowners/Renters Insurance: Protects property and personal belongings against damage or theft.
Emergency Fund
Maintain an emergency fund with 3-6 months’ worth of living expenses to cover unexpected costs such as medical emergencies, car repairs, or job loss.