Posted by Angela McKenzie on Wednesday, May 17, 2023 at 9:26 AM By Angela McKenzie / May 17, 2023 Comment
If you were to pass away suddenly, would your family struggle? Consider getting enough life insurance to cover your family’s needs - including the cost of higher education - if you were to pass away. Once your kids are on their own completely, you can cancel or sell the policy.
You may also want to investigate long-term care insurance, which can cover the type of care older people might need. This might cover help with dressing, bathing, or eating, or it could cover the cost of living in an assisted living or nursing home. It is more expensive to get the older you get, so if you decide you want it, now is the time to get it.
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