(MONEY Magazine) – FOR THE MOST-WANTED MAN ALIVE
24's Jack Bauer must find an agent—an insurance agent
G-man Jack Bauer (Kiefer Sutherland) is kidnapped, shot at and beaten several times a season as he fights to save the country from terrorists. Make that several times a day, as each season on Fox's hit show represents just 24 hours. Considering how dangerous his life is and the fact that he's got a kid to support, Bauer really needs to put some energy into investigating his insurance options, says Michael Halloran, wealth adviser at Northwestern Mutual Financial Network.
› WHAT IF HE GETS HURT? As a government employee, he gets 60% disability coverage. That's a good start, but he should buy a supplemental plan to make up for the rest, says Halloran. Since he's in such a high-risk class, though, he'll likely qualify for only a few years of that extra income.
› WHAT IF HE, ER, DOESN'T MAKE IT TO THE NEXT 24? The government's basic group life insurance plan offers a lump sum of salary plus $2,000. "Since his wife's dead, he has to consider how his daughter would be taken care of," says Halloran. Bauer needs a will and a policy worth at least $250,000 to cover her college and any debts he has. He might not get the lowest rates, what with all the shooting, but surely, averting nuclear war earns him a decent salary?
...As if she could find anything under that mess 83% of people hide cash from their housekeeper, according to a survey done by Chubb...