Ohioans Preparing for Retirement Urged to Evaluate Insurance
Ohio Department of Insurance Director
"For the many Ohioans transitioning into retirement, a thorough insurance evaluation is a big part of retirement preparedness," Froment said. "I encourage Ohioans who have not reexamined their insurance - from health to life to auto to home - to think about it under the retirement lens."
Froment said a coverage review should include:
* Careful evaluation of health insurance when deciding to retire early and shopping for Medicare, including drug coverage and supplemental insurance.
* Adjusting home and auto costs by putting insurance in line with a possible different lifestyle.
* Considering adjustments to life insurance levels and determining if an annuity is a good fit.
* Planning for potential long-term care and how to pay for it.
More insurance information is available on the
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