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Personal Finance (Not Investing) • Insurance planning - advice on how to start?

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Hi BHers! I've received some really great advice on fixing my portfolio and received answers to some very basic newbie questions. I hope you can help me get started on insurance planning!

Currently, I have health, short-term and long-term disability, and life insurance through my workplace. However, I've heard it's not advisable to rely solely on workplace insurance because if I leave my employer, I won't be covered. My questions revolve more around disability and life insurance. I don't have any kids but the life insurance is to protect my partner. Additionally, I'm considering purchasing an umbrella policy since I own a rental property where I live in one unit. I have a property insurance via a local compnay that i just purchased the mininum replacement cost. Moreover, I also have a side hustle selling online. Should I also consider getting product liability insurance? I don't own a car but that's the plan for the next year. Can you please help me to get started?

Thank you!!

Statistics: Posted by sii11223 — Wed May 15, 2024 1:05 pm — Replies 0 — Views 60



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