Accidental Death:  A relatively inexpensive form of insurance that covers things such as traffic accidents, accidental poisonings, and fire-related deaths. Sickness and natural causes are not included.

Disability:  The U.S. Department of Housing and Urban Development says that nearly half of all foreclosures are caused by disability.  Further, the Social Security Administration claims that one in five people suffer long-term disability before the age of 65.  Disability is one of the most significant threats to your family’s finances.

Long-Term Care:  Long-term care services may include help with activities of daily living (ADLs), home health care, respite care, hospice care, or adult day care.  Care may be given in a nursing home, an assisted living facility, a hospice facility, a day care facility, or in your own home.  Interestingly, about 70% of people who reach age 65 are expected to need some form of long-term care at least once in their lifetime.