Risk Management


Planning for the future can be overwhelming, which is why we find it so important to take the time to educate our clients on the options they have.  Proper planning now will help provide your family with the protection they may unexpectedly need later. 

We believe that comprehensive risk management is necessary to help our client’s work toward their financial goals  We have found that many people spend their time and energy on building their wealth and overlook the impact of disability, long-term care concerns, and unexpected death.  The risk from these potential misfortunes can be mitigated through proper planning and the use of life, disability, and long-term care insurance.

 


Life Insurance

Life insurance gives your loved one a chance to adjust over time to their new normal rather than having to think about finding a new job or moving to a less expensive home right away.  By purchasing life insurance, you are putting a plan in place to protect and provide some financial relief to your family should something unexpectedly happen to you. 

We understand that talking about life insurance is scary, but it is an essential part of good financial planning.  Let us help educate you on the types of life insurance available, so you can make an informed decision on what works best for your unique situation. 

Disability Insurance

Your current and future lifestyle depends on your ability to earn income.  What would happen to you and your family if you suddenly lost your income?

We understand how challenging it can be to have your income suddenly interrupted due to an illness or injury.  An individual disability income insurance policy can help you pay your bills and maintain your lifestyle if you become injured or too ill to work.  Should your employer cover you under group disability benefits, there are a few things to keep in mind - any benefits will be taxable if the premium has been paid by your employer and commission income may not be covered. 

We believe in educating our clients so that they understand the options available to them, so that together we can build a customized plan to help minimize your risks.

Long-Term Care Insurance

What is long-term care insurance?  Essentially, long-term care insurance covers the help someone may need in performing normal daily activities that they are no longer able to perform alone due to an injury, medical condition, or cognitive disorders (such as Alzheimer’s.)  It is important to point out that long-term care is not medical care.  Some types of long-term care are:

  • Homemaker services
  • Home health aid
  • Assisted living facility
  • Nursing home

Long-term care insurance has evolved in recent year.  With a hybrid LTC policy if you do not need your LTC benefit your family will get the premium you paid back.  Long-term care insurance can be expensive, but so are long-term care services.  By having long-term care insurance, you can help protect both your current assets and future estate.  


Contact us today for more information