Question

What should be included in a financial plan to protect assets?

Answer 1

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Jennnyyy

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You might need to get insurance to protect your assets

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chisnau

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Answer:

In a financial plan, one must include his insurance plan and how much insurance he wants.

Step-by-step explanation:

Protecting assets means protecting your valuable assets like home, car, jewelry etc from accidents, disasters or theft.

For protection, we need an insurance to cover all these assets.

Hence, in a financial plan, one must include his insurance plan and how much insurance he wants.

Answer 2

Answer:

A financial plan is a comprehensive picture of your current finances, your financial goals and any strategies you've set to achieve those goals. Good financial planning should include details about your cash flow, savings, debt, investments, insurance and any other elements of your financial life.

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