Manage tomorrow's risks by developing strategies today.
Smart money management is about more than just accumulating and investing your assets — you also have to protect those assets. A serious health problem, a loss of property or even a job change can have a tremendous impact on your financial health.
Insurance and annuity products offer a potential way to help safeguard yourself against the risk of the unexpected. This is commonly referred to as risk management, which involves identifying potential lifestyle threats—such as loss of health, property, income, savings or life—and developing appropriate insurance strategies for helping guard against them.
So how do you manage risk?
Start with a comprehensive plan. A comprehensive financial plan that meets your specific objectives and adjusts over time with your changing needs can serve you well for a lifetime.
A complete risk management plan might include the following:
Most people rely on monthly income to pay bills, but injury or illness – pregnancy, a broken leg, a hospital stay – can interfere with your ability to earn a paycheck. Disability income insurance provides regular payments should you be unable to work due to injury or illness.Learn More
Manage tomorrow’s risks by developing sound financial strategies today.Find an Advisor
Insurance products are offered through insurance companies with which Waddell & Reed, Inc., has sales arrangements.
A 2.8% increase in benefits will be available for the more than 67 million Social Security and Supplemental Security Income recipients next year, the largest increase since 2011, though still small by historical standards.Read More