Insurance–Managing Life's Major Risks

Putting It All Together

Insurance is part of your financial foundation. Your present and financial future depends on a strong insurance program. Minimizing your exposure to catastrophic financial loss is important for everyone, no matter what the size of your income or your estate is.

Many people are underinsured and paying excess premiums. Having the right amount of insurance at the most cost-effective price is your goal. No one insurance is more important than the other: either you need it or you don't. Make the most of employer-sponsored benefits, and buy whatever additional insurance you need. On the other hand, if you have insurance that you don't need, get rid of it.

Everyone should have disability and medical insurance. Life insurance is primarily for those whose dependants would suffer financial loss and subsequent hardship in the event of the insured's death. Remember, paying for your insurance should not interfere with your ability to maintain your standard of living and save for future goals.


See the section Insurance Checklist. Please read each question carefully. If you're not sure of the answer, go back and read the appropriate section to get your questions answered. These questions will help clarify your insurance objectives.

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Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Heartland Bank and Heartland Planning Associates are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Heartland Planning Associates, and may also be employees of Heartland Bank. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Heartland Bank and Heartland Planning Associates. Securities and insurance offered through LPL or its affiliates are:

Not Insured by FDIC of Any Other Government Agency Not Bank Guaranteed Not Bank Deposits or Obligations May Lose Value

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