Live with MainStreet – EP 23 – Insurance Coverage

Insurance Coverage

Live with MainStreet

Live with MainStreet – EP 23 – Insurance Coverage

Insurance Coverage

Jim and Anna answer client questions on insurance coverage. This month’s questions include:

  • Isn’t it better to be debt free and save the money destined for premiums so you have two years’ worth of needs in your emergency fund?
  • Would you be better off with only low-cost catastrophic health insurance and save the premiums for future needs?
  • What are your thoughts about second-to-die policies?
  • Is it too late to buy long-term care insurance?
  • How much, if any, umbrella liability coverage should one carry? What is too much coverage?
  • I have a whole life insurance policy with lots of cash value but no need for the death benefit. What can I do?
  • How often should you look to switch property insurance companies?
  • How do you find health insurance for couples not employed by a big company or organization?
  • When is life insurance unnecessary?

 

Anna Sergunina
Anna Sergunina
anna@mainstreetplanning.com

I'm Anna Sergunina, CFP®, President & CEO at MainStreet Financial Planning, Inc. My passion lies in serving others through financial planning, helping clients achieve their dreams like buying a home, saving for education, or retiring early. With over two decades in the industry and a CFP designation since 2009, I'm dedicated to excellence and continuous growth. Beyond work, I cherish moments with my son Liam, prioritize self-care, and engage in content creation for my Money Boss Parent Podcast and Money Library blog.

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