Risk Management and Insurance

Risk Management and Insurance

Protecting your financial plan against unforeseen events is crucial for long-term stability.

Types of Insurance

  1. Health Insurance: Covers medical expenses and protects against high healthcare costs. 발렌타인 12년산
  2. Life Insurance: Provides financial support to dependents in the event of the policyholder’s death.
  3. Disability Insurance: Replaces a portion of income if you become unable to work due to injury or illness.
  4. 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.