Tom Meaglia, ChFC®

Chartered Financial Consultant


Investment Advisor Representative

CA Insurance Lic. #0567507

Meaglia Financial Consulting

2105 Foothill Blvd., #B140, La Verne, CA 91750

Toll Free: 800-386-3700

Bus: 909-593-6105

Cell: 818-681-8600

Fax: 909-593-6120



January/February 2019

Check Your Insurance

Article Image

It’s the New Year and, if you’re like many people, you may look at various areas of your life to see where there is room for improvement. One area many people don’t explore is their insurance. Are you and your family covered? Consider this three-pronged approach to insurance.

Health Insurance
If there is one type of insurance that’s on most people’s minds, it’s health insurance. Despite its increasing cost, health insurance typically covers expenses that far outweigh the cost of premiums. One way you might reduce your health care expenses is through a Health Savings Account (HSA). If you have a high deductible health plan, you qualify to make contributions to an HSA. Contributions are tax-deferred, potential growth is also tax-deferred and qualified distributions are tax-free.

Life Insurance
While the need for health insurance is only an accident away, we hope the need for life insurance is in the distant future. However, hope doesn’t always equal reality and having life insurance can help provide the future financial security you want for your family.

As with health insurance, you’ll probably want to take advantage of any group life insurance your employer offers. If you change jobs, though, this coverage could end. Buying an individual life insurance policy outside of the workplace may make sense, especially given the price and design alternatives from which you can choose. Term life insurance provides basic protection at a cost that starts out low, but typically rises with age. Whole life insurance is permanent and its premium payments never go up as long as you pay them on time.

Disability Insurance
Of the three types of insurance, disability income (DI) insurance is the one type of coverage most often misunderstood. Many people get short-term DI insurance for free from their employers, who may also offer group long-term DI insurance paid for by employees. The latter is vital coverage that replaces a portion of what is the largest asset of many people: their ability to earn a living.

Your financial professional can help you compare DI and other types of insurance as part of a comprehensive look at your financial protection.


Enter your Name and Email address to get
the newsletter delivered to your inbox every month.


Enter your Name, Email Address and a short message. We'll respond to you as soon as possible.

Investment advisory services offered through Fusion Capital Management, an SEC Registered Investment Advisor. 9111 Cypress Waters Blvd., Ste 140, Dallas, TX 75019.
Meaglia Financial Consulting and LTM Client Marketing, Inc. are unrelated companies. This publication was prepared for the publication’s provider by LTM Client Marketing, an unrelated third party. Articles are not written or produced by the named representative.

The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.