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One Year to an Organized Financial Life: From Your Bills to Your Bank Account, Your Home to Your Retirement, the Week-by-Week Guide to Achieving Financial Peace of Mind by Russell Wild, Regina Leeds

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WEEK FOUR
Planes, Trains, and Automobiles
This week, you can
• Celebrate the kinds of insurance you don’t need
• Review your automobile coverage and be sure it’s adequate
WHEN YOU ADD UP THE PREMIUMS for the various insurance policies you may need, it can be a big chunk of change. I thought you would be relieved to know that there are actually insurance policies you don’t need. Let’s start this week with this good news!

FINDING OUT ABOUT UNNECESSARY INSURANCES

We’ve already looked at several forms of insurance: health insurance, long-term care insurance, and homeowner’s insurance. In this section I list six kinds of insurance you don’t need.
Travel insurance. If you buy travel insurance and die in a plane crash, your family gets a settlement. ...

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