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Email Your Clients: Help navigate health crises

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You know why it’s key to plan for expected life events. But do you know about all the tools available to protect you in case of a health problem?

For instance, you may want to draw up a power of attorney, should you become incapacitated. If you’re younger, you may be surprised to learn you should be thinking about purchasing insurance. And if you’re a caregiver or disabled you’ll want to know about how to plan for the long-term.

Subject: Working through health crises

Hi [NAME],

In our last meeting, you mentioned that you’re not sure what would happen should you fall ill, or if an accident left you incapacitated. That’s a worry we all face.

There are planning tools to help you deal with many of the health challenges life presents.

For instance, I can talk with you about specifics you’ll want to include in a power of attorney, and recommend a lawyer if you don’t have a good one. And there are certain tools we can use to make sure you have a caregiver in your old age.

I’d like to meet with you to discuss your options. Before we do, here is some background information that will inform our discussion:

Worry about your health, not your pocketbook

“When you’re diagnosed with a serious or life-threatening health issue, the last thing you want to worry about is finance. You need to focus on your health and, with a few changes to your portfolio to ensure you have sufficient cash flow, that’s exactly what you can do.” Read more.

You’re not too young to talk insurance

“As a card-carrying millennial, you’re likely busy paying off debt and pursuing a better job, and insurance isn’t your top priority. In fact, you might think you don’t need policies until you buy a house or have children.” Read more.

Planning for disabilities

“If a disability comes from workplace accident, expenses may be covered by the Workplace Safety and Insurance Board, but not all disabilities arise on the job.”  Read more.

Plan for incapacity

“Power of attorney, a legal document that gives someone else the right to act on your behalf, has two main types: one for management of property, another for personal care.” Read more.

Powers of attorney: the basics

“The best planning will be undone if a power of attorney is invalid, so know the requirements.” Read more.

Give the gift of life

“Will making a living organ donation negatively affect your future life insurance options?” Read more.

Please let me know when you’re free for a meeting. As always, if you have any questions, don’t hesitate to contact me.

Sincerely,

[YOUR NAME]

Courtesy of Advisor.ca © 2018 Transcontinental Media G.P. These materials are for reference and guidelines only. You are responsible for the advice you give your clients.
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