Insurance: What should you know about it? What do you need?

July 14, 2014 — Join our host, Bob Leins, and co-host John Elliott as they welcome certified financial planner John Jilek into the studio to take a frank look at insurance suggestions and explanations.

They discuss the need to purchase insurance, what types to consider and why. Topics covered include:

  • Is there a good insurance timeline for federal employees?
  • When should I review my insurance coverage?
  • Why have I heard FEGLI will be more expensive in retirement?
  • If so, when should I consider a private life insurance policy?
  • When should I consider long term care insurance?
  • Should I buy disability insurance, and what options are there?
  • Do I need a liability, or “umbrella,” insurance policy?