Dynamic Life Protection
Friday, September 05, 2008
When I discussed these issues to Jesse, we started talking about the Mortgage Protection, this will protect our precious home and some of our assets. It is like a life insurance, like in the event that either I or my husband will die, it would mean our income would reduce and paying the mortgage is a burden. With the mortgage protection, our family will continue living in our home and less burden to my living family. Aside from home protection, Jesse also introduces the Disability Insurance. We could not foresee that our future is physically healthy and able. In times of disability, our ability to earned income is reduce thus we could not pay our mortgages, bills and even monthly income is not enough to sustain the family needs.
Jesse advice that we should also consider the disability insurance policy that also help paid our mortgages, and others that need to be paid. Another important and interesting investment is Annuities. He explained for example the family retirement pension and savings are fixed or increase very slow surpass by the future increase in the price of goods and services. That is, we will live poorer in the future, but this should not happen with the annuity on hand. The annuity is a saving option, additional money to your unearned income, thus, future finances are secured.
posted by lutchi @ 9:53 AM,
