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Risk Management Review Checklist:

Compliments of

(Note: This is complimentary resource – please consult with your risk management professional to determine your specific needs)
Insurance:

◊ Car Insurance Deductibles: $1,000 or as high as possible for you
◊ Home Insurance Deductibles: $1,000 or as high as possible for you
◊ Personal Liability Umbrella: $1M minimum or 1x your net worth
◊ Medical Insurance: Maximum coverage possible with a high deductible
◊ Life Insurance: A combination of permanent insurance and term insurance equal to your human life
value or 1x your net worth. Then, work to convert a portion of the term insurance to permanent life
insurance each year or so.
◊ Disability Insurance: Maximum coverage possible; have as long of a waiting period as possible.

◊ Long-Term Care Insurance: Maximum coverage you can afford; have as long of a waiting period as
possible. Many life insurance and annuities contracts have a long-term care rider which may be used
to supplement your long-term care Insurance.

Everything In Order:
◊ Wills and Trusts: Make sure they reflect your current wishes and that trusts are funded.

◊ Ownership: LLCs and Corporations have tax benefits; speak with a CPA about one for yourself. If
you have one already, are you taking full advantage of it?
◊ Documentation: Are there pictures of your valuables stored off-site or on-line in case of a loss?
◊ Vital Documents: A file with important passwords, photos, videos and other documents (wills,
insurance, etc.) should be kept in a fireproof safe and/or on-line (such as www.dropbox.com).
At least three other people need to know its whereabouts.
◊ A System for Sharing Information: We recommend www.thetorch.com to communicate the location
of important documents as well as many other essential instructions. Use it to organize and locate
important information, from bill-paying instructions to pet care details to your credit report, plus
contact information for your medical providers, CPA, attorney, broker, real estate agent, life
insurance agent, property insurance agent, banker, executor and much more.

We are happy to help you with all of the above. Let us know if anything needs to be reviewed or you would
like to schedule an appointment by contacting Ashley Quade at (703) 535-5426, or via email at
info@matrixwealthllc.com