When Lightning Strikes

philip@financi… |

Each season brings weather challenges depending on where you live.  The threat of hail and tornados in the Spring, blizzards in the Winter, hurricanes in the Summer and Fall.  The pictures below are of two recent incidents that happened to me – The Blizzard of 2013 - a huge pine tree falling in the back of our house and slighting impaling our porch (fortunately barely missing our family room which was filled with my son and his friends) and Hurricane Irene brought down a neighbor’s tree onto a power line, resulting in a loss of electricity to the neighborhood.

Tree1.jpg   Tree2.jpg  

We can not predict the weather or its impact.  Nor can we predict getting into a car accident, damage to our home – or worse disability or death of a family member.  Yet we can prepare for life’s unfortunate and devastating events.  In addition to health insurance, each family should review the need and extent of coverage for:


  • Property & Casualty Insurance (including liability)
    • Automobile
    • Homeowners/Renters
    • Umbrella (excess liability)
  • Homestead Protection (in states where available)
  • Disability Insurance
  • Life Insurance
  • Long Term Care Insurance


These topics are too often avoided as we all choose not to think about bad things happening and coverage can be costly.  However, the cost of protection pales in comparison to the financial consequence of an unforeseen event.