Renters Insurance for Retirees

The kids have grown and moved to homes of their own. The old house seems empty and too large for 
your empty-nest lifestyle. Moving to a condo or apartment may offer the opportunity to relinquish home 
repairs, lawn care and snow removal – along with property taxes. If you decide to sell your home, don’t 
just cancel your homeowners insurance – switch to a renter’s policy to cover your belongings.

Your landlord or condo association has insurance, but only on the building and surrounding property. The 
contents of the building – your personal contents – don’t fall under the provisions of the building 
insurance. Renters insurance covers loss of your personal property from risks including fire or lightning, 

Term Life Insurance Basics

We've all seen the TV commercials—term life insurance for just a few dollars a month. While these 
advertisements may be based on very favorable situations, the general premise is true. Term life insurance 
is the simplest and most inexpensive form of life insurance. And it can provide the peace of mind that comes 
from protecting your family at a very low cost. Even with its plain vanilla image it's important to understand 
some of the basics before purchasing.