As you settle into retirement, your lifestyle and assets may change, but one thing remains constant: the importance of protecting everything you've worked so hard to build. Retirement is a time to enjoy the rewards of a life well-lived—traveling, hosting family, pursuing hobbies—and you deserve peace of mind while doing so. That's where umbrella insurance comes in.
At Wells Insurance, we understand that retirees are looking for clarity, stability, and a personal relationship with a trusted advisor. Umbrella insurance may not be top of mind, but it plays a critical role in shielding your savings, home, and legacy from life’s unexpected events.
Umbrella insurance is extra liability coverage that sits on top of your existing home, auto, or watercraft policies. It kicks in when your primary policy's liability limits are exceeded—offering added financial protection in case of accidents, lawsuits, or unforeseen claims.
After a lifetime of working, saving, and investing, you likely have assets worth protecting: your home, retirement accounts, vacation property, or even a boat. A serious accident or liability claim could put those at risk. Umbrella insurance helps preserve your nest egg by covering what your standard policies may not.
Even if you're no longer working full-time, risks remain. Hosting friends, having grandchildren over, or driving to your volunteer work all come with potential liabilities. A slip-and-fall on your property or an accident involving your car could quickly surpass the limits of your existing insurance.
Unfortunately, legal action can arise even from everyday incidents. And legal fees alone can be financially draining. Umbrella insurance not only covers judgments or settlements, but often includes legal defense costs as well.
Many retirees are surprised to learn how cost-effective umbrella insurance can be. For a modest annual premium, you can purchase $1 million or more in additional coverage—a small price to pay for peace of mind and financial security.
At Wells Insurance, we know that insurance isn't just about policies—it's about protecting your lifestyle, your independence, and your legacy. Our advisors work closely with you to evaluate your unique needs and recommend an umbrella policy that complements your existing coverage.
We take pride in offering straightforward, respectful guidance every step of the way.
Whether you're downsizing, traveling more, or simply enjoying your well-earned retirement, make sure your financial future is secure.
Call us today to learn more about how umbrella insurance can provide the extra layer of protection you and your family deserve. 910-762-8551
Or contact us via email and one of our agents will reach out.
Because peace of mind should be part of your retirement plan.