This year, Money Smart Week® Wisconsin is April 21-28 where communities across Wisconsin are participating in events designed to promote and improve personal financial awareness.
“Money Smart Week® is an excellent opportunity for Wisconsinites to evaluate their financial well-being while investing in their community,” said Commissioner and Co-Vice Chair of the Governor’s Council on Financial Literacy Ted Nickel. “Remember to consider your insurance needs as the primary purpose of insurance is to help protect you and your loved ones from financial hardship. Visit moneysmartweek.org to check out the scheduled events in your community.”
Money Smart Week® Wisconsin was created in partnership with the Governor’s Council on Financial Literacy and the Federal Reserve Bank of Chicago. Governor Scott Walker issued a proclamation declaring Money Smart Week® Wisconsin. The week aims to improve financial literacy and financial health across Wisconsin. Learn more about Money Smart Week® and information about scheduled events at moneysmartweek.org.
Below are examples of steps you can take to become better educated about your insurance coverage:
- Make sure all your insurance information is located in a safe place but somewhere you will find it.
- Consider reading through your insurance policies. Too many consumers are surprised after they have an event because they never read through their policy to begin with.
Part of a financial game plan should include a thorough review of life, health, and property insurance policies to maximize coverage at the best possible premium. A review should also include planning for future insurance needs in order to determine if other policies, such as long-term care insurance or annuities, should be a part of future financial plans.
The Office of the Commissioner of Insurance (OCI) offers a comprehensive selection of insurance information for consumers. Publications include Consumer’s Guide to Auto Insurance, Consumer’s Guide to Homeowner’s Insurance, and answers to many frequently asked questions all available free of charge on OCI’s Web site at oci.wi.gov.
For more information contact: Elizabeth Hizmi, Public Information Officer, (608) 267-9460 or firstname.lastname@example.org