Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Published on Apr 21, 2014
Get Ready Resources Help Avoid Costly Surprises
For many, insurance only matters when something bad happens and we need to file a claim or lodge a complaint. But the best time to get educated about insurance is when you're in the process of making a major life decision, like buying a new car, but before a related crisis, like a car accident.
That unpredictable window of time between decision and crisis is why Insure U developed Get Ready resources. The new resource kits help consumers considering a major life event get smart about the insurance implications before a crisis occurs. The goal is to avoid hasty, uninformed and costly misunderstandings later.
While insurance needs vary greatly from person to person, Insure U has identified six common situations during which it's especially important to ask yourself the challenging questions:
- Wedding: Are you and your future spouse on the same page about providing financial support to family members, today and in the future? - New Car: Beyond the sales price, have you thought through the other financial implications of making such a significant purchase? - New Home: Whether renting or buying, are you equipped to handle the financial burden of an unexpected disaster affecting your home? - New Parents: Are you prepared financially should your newborn have special medical needs? Or, custodial grandparents — do you understand your liability if your grandchild's friend is injured on your property? - Job Change: What would happen to your family's finances should something catastrophic happen while you're between employers? - Turning 50: Are you at risk of outliving your retirement savings? For more information visit: http://www.insureuonline.org/get_read...