Business : Beginning Your Life Together

Randy Stein

Beginning Your Life Together

Whether you’re planning a wedding or you’ve recently wed, you’re embarking on an adventure of a lifetime. As you prepare for a long future ahead, ensure that you and your spouse enjoy a secure financial future by considering your changing needs.

Combining Property and Possessions

Marriage unites more than just people. You’ll also be combining property and possessions, if you haven’t already. Having a homeowner’s policy or renter’s insurance in place helps protect your property and personal belongings should an unexpected event occur, such as vandalism. Your homeowners or renters insurance can often be used to insure your wedding rings and other valuable jewelry should it become lost, damaged or stolen. It’s also important to update your auto coverage so you and your spouse are covered under the same policy.

Bringing Your Life (Insurance) Together

Life insurance is an important component of your financial foundation at any stage, but especially now that there are at least two of you … and there may be more in the future.

Depending on your needs, you can choose lifetime coverage or protection for a specific period of time. If you already have life insurance, review your policy to ensure the coverage fits your new situation and add your new spouse as a beneficiary.

Building Your Future

As you build your future together, remember that the earlier you begin to save and invest, the more likely you’ll be able to achieve your long-term financial goals and dreams. Whether your goals includes funding a child’s education or early retirement, there are a number of options available to help you reach your objectives. Contact your Farm Bureau agent to discuss education funding, retirement funding or other investment options.

Your Farm Bureau agent can help you make adjustments to your coverage to get protection suited to you – both of you.

Tips brought to you by Farm Bureau Financial Services. For more information about products and services, call Randy R. Stein CLU, ChFC, LUTCF at (319) 472-5231 or stop by the office at 1105 West 9th Street in Vinton.

Securities & services offered through EquiTrust Marketing Services, LLC+, 5400 University Ave., West Des Moines, IA 50266, 877/860-2904, Member SIPC.Farm Bureau Property & Casualty Insurance Company+*, Western Agricultural Insurance Company+*, Farm Bureau Life Insurance Company+*/West Des Moines, IA. +Affiliates *Company providers of Farm Bureau Financial Services