We like to think of insurance as one of the foundational elements of a strong financial plan. Like all carefully thought-out plans, there must be a clear goal in mind, a roadmap to obtain that goal, and safeguards in place for when setbacks occur. Insurance primarily falls under the third category, because it offers protection from financial burden in unfortunate circumstances such as: death, disability, or long-term care needs.
Life insurance, in its simplest nature, is purchased to secure a death benefit for designated beneficiaries.
Depending on your specific needs, our team can assist you with the purchase of either term life insurance or permanent life insurance. Term life insurance provides coverage for a set period of time, depending on the product. Permanent life insurance can come in many forms: whole life insurance, variable life insurance, universal life insurance, and survivorship life insurance. All permanent life insurance policies guarantee a death benefit for life as long as the policy holder pays the premiums. Our team is here to help our clients determine the best approach for their specific life insurance needs.
Disability income insurance is another foundational pillar of protection. An individual disability income insurance policy can help supplement group long term disability benefits and protect a larger portion of an individual’s income. Our team evaluates and recommends appropriate products based upon an individual’s unique income protection needs.
Connect with us, and we will be happy to go over an approach that is most suitable for your specific needs.