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Is Insurance Too Hard? 4 Questions to Determine the Right Coverage

James Greene

July 2, 2024

Mark Twain once said, “A lie can travel halfway around the world while the truth is still putting on its shoes”.
In today’s world, the loudest voice often prevails, making it hard to distinguish between fake news and real news. Let’s debunk some myths to get the truth:

  • The Great Wall of China is the only man-made object that can be seen from space: Sorry kids, but it’s not true.
  • Bats are blind: Wrong, not only can they see, they also have echolocation.
  • Eve gave into the temptation and ate the forbidden Apple: Nope. There is no mention in the bible of an apple. Scholars agree that if Eve was tempted by a forbidden fruit, it would more likely be a grape or fig.
  • Insurance is hard, and complicated: Really? Why?!? If you believe this then you have not spoken with the right professional.

Is Insurance Really Complicated?

Many believe that insurance is too hard and complicated. The most challenging part for a client is often taking that first step to meet with an adviser. Once you’ve made that decision, the rest becomes much easier.
A good adviser makes the process simple by asking the right questions and listening. They handle the complexities, so you don’t have to. Here are the key questions to consider when determining your insurance needs:

  1. What Happens If I Die?
    How much coverage does my family need to maintain their lifestyle?
  2. What If I can’t Work Due to Illness or Injury?
    Do I have the means to pay bills, buy groceries, cover the mortgage and maintain my lifestyle?
  3. Can I provide Financial Stability During a Traumatic Illness or Accident?
    Will my family have financial stability and choices during tough times?
  4. Do I want the choice of how I’m treated medically?
    How can I ensure I get the best medical care without financial strain?

Insurance Doesn’t Have to Be Hard

The most challenging step is deciding to seek advice. Once you’ve made that decision, your adviser will guide you through the rest, breaking down the complexities, considering your budget and ensuring you have the right coverage you need. Next time you hear that insurance is “too hard”, remember; it doesn’t have to be!

Contact James Greene, your Insurance Broker

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