The world can seem a bit scary and daunting right now. COVID-19 has upended life as we know it, and things are not yet back to normal. While there is little you can do about the pandemic (apart from staying safe and protect yourself and others), you can do things that make you feel a bit more in control of the situation. You can take concrete actions now to protect the ones you love during these challenging times. Here are just a few.
Prepare your will
Fewer than half of Americans have a will. As a document that spells out your wishes for where your assets go and who cares for minor children when you pass away, it is incredibly important. If you die without a will, your state laws will make these important decisions. Spare your loved ones this experience by creating a will.
Create an advanced directive
This is a legal document that explains what kind of medical care you would want if something happened where you couldn’t communicate. Through this, you can clearly spell out your wishes in the event you are terminally ill as well as name a trusted person to make important health decisions on your behalf.
Take out life insurance
If you don’t have life insurance already, why not? It is affordable coverage that gives your family financial peace of mind when you pass away. It helps to pay for funeral expenses, pay off remaining debt, and replaces your lost income so the family can maintain their home and quality of life. Any amount of life insurance is better than none at all.
The current climate can seem daunting, but we will get through this together. Do you have questions concerning the virus and your insurance? Then don’t hesitate to contact the experts at Donald Weiss Insurance Services. Our dedicated team is ready to assist you with all your insurance needs.
