Suze Orman Insurance Quotes & Sayings

No well-planned retirement should be without long term care insurance. It is the very cornerstone of retirement security. — Suze Orman

Once your kids are grown and you know that you're completely healthy, consider canceling your life insurance policy. — Suze Orman

I want to be clear here: It does not matter what you say in your will or trust; the beneficiary document attached to your IRA accounts and your life insurance policy overrides what you say elsewhere. If you want to change the beneficiary, you must change the beneficiary document. — Suze Orman

The chances of a bank going out of business are extremely slim, but it's always a good idea to spread around major sums so every penny is backed by insurance. — Suze Orman

Your credit score affects the interest rates you're offered on credit cards and loans, can be used to vet your job application, and in some states may influence your insurance premiums. — Suze Orman

Structured settlements are a common way for people who have been injured to receive an insurance payout. The periodic payments provide ongoing income and reduce the risk of blowing a lump sum through poor financial choices. — Suze Orman

If there is anyone dependent on your income - parents, children, relatives - you need life insurance. — Suze Orman

While a reverse mortgage can indeed be a viable way to generate income, it is very important to understand that after you take out a reverse mortgage, you will still be responsible for paying the property tax, the insurance premium, and all the maintenance costs for your home. — Suze Orman

If a child, a spouse, a life partner, or a parent depends on you and your income, you need life insurance. — Suze Orman