Command Financial Specialist Training

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Command Financial Specialist Training

• Insurance and Survivor Benefits

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Insurance is used to protectyou from financial
loss
Insurance
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The Life-Cycle Approach toInsurance Needs

• Major Life Events Determine Needs

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Single in Quarters

• Renters Policy
• Life Insurance

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Moving Off-Base
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Buying a Car

• Auto Insurance
• Optional Coverage
• Rental Car
• Towing and Labor
• Gap Insurance if Leasing

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Ways to Save on Car Insurance
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Ways to Save continued
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Getting Married
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Having Children
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Buying a Home

• Homeowners Insurance
• Life Insurance

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Increasing Assets

• Umbrella Insurance
• Long Term Care

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Divorce

• All policies need to be reviewed and re-issued
  in your name
• Life Insurance

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Retirement/Separation

• Life
• Health/Dental
• Disability

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Survivor Benefits forActive Duty
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Shopping Tips
Remember Its Your Money!
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Focus on Life InsuranceHow Much Do You Need?
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Focus on Life InsuranceWhat Kind Do You Need?
Funeral Expenses and Personal Debts
Spousal Income
Mortgage
Birth
Death
Childs Income
College Fund
Estate Planning
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40
60
80
Whole Life Insurance
Term Insurance
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Term Insurance
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Permanent Insurance
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Comparison
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Common Mistakes
Buy insurance, dont be sold it!
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Record Important Information!
Take care of your survivors!
Keep a Copy in a safe place off-site!
Keep a Copy at Home!
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Summary