Search
 

Hope for the Best, Prepare for the Worst

As financial and insurance advisors, every day we help our clients protect themselves, their families, their businesses, and their properties from adverse occurrences large and small.

By Gene Herscher | Updated on April 30, 2010

As financial and insurance advisors, every day we help our clients protect themselves, their families, their businesses, and their properties from adverse occurrences large and small. Some discussions are pretty easy — let’s insure that new car, include your daughter at college on your health plan, protect your house against hurricanes — but others can be difficult. Even the welcome thought of retirement can bring conflicting emotions: Great, you get to retire. Now what happens if you need nursing care or outlive your retirement funds?

Human nature being what it is, our clients often think of these things very late in the retirement game. There are many 50-80 year olds who do not want to think about them at all. They mistakenly believe that just because they are playing golf a few times a week that they are in good health. The “this could not happen to me” syndrome is rampant.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.