Protect - Insurance Planning
Protect - Insurance Planning
Insurance is essential to any quality financial plan. If tragic events like death, disability or critical illness strike, insurance can protect you and your family from undue hardship. Some life insurance policies also provide tax-advantaged savings that you can draw on to achieve goals like buying a house, funding a future wedding or college and even supplementing your retirement income.
I have access to a variety of insurance products that can help meet your financial security planning needs. No matter your personal situation—if you’re single or in a family; a professional or a seasonal employee; an executive or small business owner—we will work together to design a customized plan.
Life insurance
If you have people - spouse, kids, extended family and/or things – assets, business arrangements, personal obligations to protect, then let’s talk insurance…. starting with life insurance.
In the event of death, life insurance offers surviving family members increased financial security. As a tax-free lump sum payment, it can pay for final expenses and debts, as well as provide income for the deceased’s dependents.
The advantages of life insurance include:
- An instant estate for your loved ones at a time when funds are most needed
- Death benefits are almost always income tax free for named beneficiaries
- Avoid probate costs if you name a beneficiary other than your estate
- Potentially offer your loved ones creditor protection through some life insurance plans
- Build tax-advantaged capital for retirement purposes or provide liquid savings through some permanent life insurance plans
I can help you select coverage from a variety of life insurance options to meet the needs identified in your financial security plan.
Life insurance can play a vital role in your financial security plan - contact us today to find out how.
Long-term Care, Disability and Critical Illness insurance
Help protect one of your most valuable assets – your income – from unexpected events through disability income insurance. Protect your total financial situation by considering long term care insurance.
Disability Insurance
Income is important for both current financial obligations (e.g. grocery bills and mortgage payments) and for future financial security (e.g. planning for your children’s education or for retirement). What might happen if you suddenly lost your ability to work and therefore your income stream through a long-term illness or disability?
Disability insurance products help protect you by replacing your lost income if you are afflicted by a disability or other condition to prevents you from working partially or permanently. This is especially important insurance to consider if you are self-employed, a high income earning professional or own your own business.
I can help you choose the disability insurance products that provide advantages like:
- Helping maintain your financial independence, lifestyle and long-term financial security plan in the event your income is impacted by disability or illness
- Assist with paying fixed expenses for your business if you become disabled
- Support the buy-out of a disabled partner’s share of a business
I can help you tailor your financial plan so it protects your income no matter what the situation. Contact us today to find out how.
Long Term Care Insurance
One of the biggest risks to your financial future and the stability of your assets is the possibility of needing extended long term care because of some chronic condition from which you won’t improve or from a declining mental state like Alzheimer’s disease. We can grow and accumulate a substantial estate for your comfort and enjoyment and see it seriously decimated by the cost of care.
It’s an important conversation and one we’ll have. I want you to have the knowledge, facts, and figures to make an informed decision about the pros and cons of this type of insurance. A good many people should consider it. A shocking statistic I read relayed that more than 40% of the people in custodial care (needing long term care) were under the age of 50. It’s certainly a conversation to have in your early 50’s when the premiums for adequate coverage will never be more reasonable.
I want to help. Contact us today to find out how.
Group health benefits
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 traditional health and dental benefits to alternative arrangements like employee wellness programs, group auto insurance or flexible work situations, 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, paramedical services, vision care, out-of-country medical coverage, basic dental work and orthodontics
- Group life insurance
- Group short- and long-term disability insurance
- Employee assistance and wellness programs
Reach out today to learn more about benefits products and services that fit the needs of your business. I can consult and offer ideas as well in the area of specialized benefits for your key employees.
