The Reason for Having Insurance as an Important Part of Your Overall Financial Plan (2021) Having an idea of what your future should look like isn’t enough to secure a comfortable retirement. Financial planning won’t guarantee that you’ll enjoy your golden years, but it can help you work toward making that happen. So what is this vital financial plan? It is a comprehensive assessment of your current financial status, an overview of your short-, mid- and long-term goals and a strategy that will help you reach them. Insurance is an important part of any solid financial plan. Being prepared for the unexpected will ensure that you can still reach your goals after facing a financial crisis. And an insurance policy will keep you from emptying your emergency fund. Insurance can also protect your loved ones if you’re injured in an accident, become sick or disabled or die. Certain situations can be expensive for those without coverage, so it’s important to purchase any policy you need based on your financial situation. https://g.page/FinancialCoachCol?share