Why You Need Insurance

489 Words2 Pages
I am a thirty year old occupational therapist married with two children who loves to play baseball in my spare time. My wife Kasandra is a teacher at one of the local high schools. Kasandra enjoys traveling with her girlfriends during her summer vacation. My two girls Londyn and Ibri are in 7th grade and play flute in the middle school band. My wife drives a fairly new Toyota Camry and I drive the family Chevy Suburban. We live in a nice home in a gated community where most of our neighbors are teachers, nurses, and local business owners. We are an average family who enjoys spending time sitting beside the pool on hot summer days. I have worked hard to build a solid financial foundation for my family and I want to be sure that everything is protected. Accidents and disasters can and do happen, and if my family is not adequately insured, it could leave us in financial ruin. I need insurance to protect our lives, our ability to earn income, and to keep a roof over our head. Although I am only thirty, accidents and illnesses do happen. For that reason these are the types of insurance that I will need. Disability insurance, if I become disabled, I want to be able to cover the expenses with disability insurance and not have to take money from my retirement to cover the expenses. Since majority of disabilities are health related, I can't afford the risk of being without earnings and having increased healthcare expenses. Both my wife and I income is required to maintain the lifestyle we live, and I want to protect our income by purchasing this type of insurance as this is a vital risk management strategy for all wage earners. life, health, long term care insurance, auto, homeowner's insurance and liability insurance. Consider your needs and what you need to protect.Life insurance is designed to protect your family and other people who may depend on you for
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