As much as we try to prepare for them, tragic events like death, disability or critical illness sometimes strike. When faced with such a situation, insurance can protect policy holders and their families from undue hardship. For this reason, a variety of insurance coverage is essential to any comprehensive financial plan.
Insurance planning is best when tailored to fit its owner’s personal situation: whether designed for a single person or family; professional or seasonal employees; executive or small business owner, everyone can benefit from an appropriately customized plan.
Life insurance is more than planning for the security of one’s loved ones: it can be a cornerstone in any multi-generational financial strategy.
Life insurance can provide financial resources in a number of concrete ways, from immediate expenses such as hospital bills to income replacement and assistance in settling outstanding debts. It can also help with estate planning and charitable contributions. Furthermore, some forms of life insurance enjoy tax advantages, and so can be an ideal addition to any financial plan. In the event of death, life insurance offers surviving family members increased financial resources. As a tax-free lump sum payment, the so-called ‘death benefit’ can pay for final expenses and debts, as well as provide income for the deceased’s dependents.
With this in mind, we offer plans to help protect your family or business from the impact of an early demise; an injury or illness that disrupts your earning ability or care in a nursing home or your own home. We work as brokers with a number of leading insurance companies, so you have choice, variety and competitive premiums.
We look to:
- Analyze your family’s existing insurance policies and estimate survivor needs
- Assess income need gaps in case of a physical or mental disability
- Retirement income analysis – does life insurance have a role in maximizing your pension for your spouse?
- Do you have any business insurance needs such as buy-sell agreements, split dollar coverage, and succession planning?
- Estimate future potential costs of healthcare and consider long – term care insurance
We can help you select coverage from a variety of life insurance options to meet the needs identified in your financial plan.
Life insurance can play a vital role in your financial plan—contact us today to find out how.
Help guard against the impacts of an unexpected event through long-term care and disability insurance.
Unfortunately, present forms of federal and state-sponsored health care programs do not comprehensively cover long-term care. Medicare generally offers temporary assistance, while Medicaid, which varies by state, may require out of pocket expenses and very low levels of asset value before public assistance becomes available.
Income is important for both current financial obligations (e.g. grocery bills and mortgage payments) and for future financial resources (e.g. planning for a child’s education or for retirement). Just think what might happen if an income stream was lost through a long-term illness or disability. Long-term care and disability insurance products help protect the ability to earn an income, which can be affected by a disability or other condition.
Long-term care and disability insurance products can help maintain financial independence, lifestyle and long-term financial resources in the event income is impacted by disability
A comprehensive financial plan can protect income through long-term care and disability insurance.
Contact us today to find out which policies are best for your unique circumstances.
In today’s working environment, valued employees are looking for more than financial compensation. They also want an employer who supports their health, and the health of their families.
For this reason, either by itself or paired with group insurance products, consider attracting and retaining employees with group benefit plans. From comprehensive health and dental benefits to alternative arrangements like group benefits help make employees more efficient, productive, and happy. Employers also gain tax benefits, such as premiums that are deductible as a business expense in some cases.
Flexible plans offer employers and employees cost-effective, customized ways to address their needs. Choose from an array of benefits like:
- Extended health and dental care coverage, which includes options like prescription drugs, vision care, basic dental work
- Group life insurance
- Group short- and long-term disability insurance
Contact us today to learn more about benefits products and services that fit the needs of your business.