Insurance acts as a life vest, keeping you afloat in difficult times. Framed in a mindset of care, insurance is one way to protect your loved ones in the event of your inability to. As you near retirement, it is a good idea to think about the type of insurance you may need going forward. Below, I have outlined the pros and cons of 3 main insurance plans: life insurance, health insurance, and long-term care insurance. This list is meant to give you an idea of what lay just beyond the horizon, and how insurance plans could fit into your financial strategy.