Risk Management

Life Insurance Planning  

Providing peace of mind and financial security for your loved ones after you are gone is an essential component of your overall financial plan. Insurance planning helps ensure your loved ones can:

• Maintain their standard of living
• Cover expenses
• Achieve long-term goals like education and home ownership.

More advance uses of life insurance allow you to not only protect wealth but also increase the efficiency of your assets. These strategies can allow for:

• Advanced estate planning techniques to cover tax obligations
• Cash value accumulation for greater options and flexibility in achieving goals
• Preserving assets for long- term care needs

As life changes, your insurance plan may need updating. Regularly reviewing your life insurance policy is crucial to ensure that it continues to support your evolving financial and wealth goals. By staying on top of this, you can make sure your coverage remains aligned with your needs.

Long-Term Care 

One of the fastest-growing segments of the population, individuals over 85, are the most likely to incur costs related to future long-term care. If unplanned, these costs can deplete assets and investments that you have spent your life building. With 60% of seniors receiving some sort of care during their later years, long-term care protection is vital to avoid asset depletion and to protect the nest egg that you have worked hard to build.  

We will design a long-term care insurance plan that will help cover the costs that care will incur and give you the ability to take control of your long-term care decisions. Taking a proactive and responsible path will help reduce the burden of care on your family. 

Adequate plans can: 

• Allow you to stay in your own home
• Provide financial assistance with homemaker services such as preparing meals and other personal care needs 
• Help you cover the costs of assisted living and nursing home facilities 
• Take the onus of care away from your loved ones 

Disability Protection 

Although one in four young adults are likely to face disability before they retire and the average duration of a long-term disability claim is 34.6 months, many Americans are unprepared to face a disability in the future. We are experienced in developing plans that prevent your disability from getting in the way of your -- and your family’s -- financial security. We will assist you in getting the right disability insurance, so you’re prepared with an adequate and steady flow of income should the unexpected occur. We provide: 

• Review and implement the correct disability insurance to fit your needs 
• Resources you need to adapt to daily life in the event of a disability

Insurance product guarantees are subject to the financial strength and claims‐paying ability of the issuing company and may be subject to restrictions, limitations, or early withdrawal fees. Annuities are not FDIC insured.