Insurance When it Comes to Changing a Career or Going Back to School
Key Points
  • If you are changing careers or going back to school you want to make sure that you maintain your life insurance; protect your financial future; and make sure you have health insurance.

Thinking about a new career? Taking some time off to pursue other interests? Going back to school part-time? Maybe you’re being downsized out of your current job; or perhaps you’re tired of the 9-to-5 routine and want to break out on your own.

Important Issues for You

Leaving a job is one of life’s most significant decisions. Here are some important financial issues to consider. Investigate each of the topics below to find out how a job change affects your financial planning.

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UNREIMBURSED EXPENSES--The final divorce decree, which should reflect the continuing medical and health insurance coverage of every member of the family, should also stipulate who will be responsible for unreimbursed expenses, such as the deductibles, co-pays, co-insurance, vitamins, over-the-counter items, or braces.

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