Broker Check

Insurance Planning

Insurance transfers the financial risk of life's events to an insurance company. A sound insurance strategy can help protect your family from the financial consequences of those events. 

There are many types of insurance and buying it the right way can be challenging.  The purpose, the amount needed, and the uncertainty of whether it will be needed are weighed against the potential expense of owning it.

Using our Life Insurance Planning process, see how we determine the best insurance and risk management for your needs:

Discover & Analyze - We review and analyze how and why you are protected (above).  Then we determine what and how you should own insurance based upon your assets, expenses, current solutions, and overall priorities.

Are you buying life insurance:

  • To protect your insurability
  • To improve affordability
  • To create an estate for your current family and descendants
  • To also have options with longterm care planning
  • To build a personal line of credit
  • To shelter assets from taxes
  • To support an estate tax saving strategy?

More questions:

  • Are you paying too much for a 3 year old life insurance policy?
  • Do you work with one, trustworthy team to determine how best to own health insurance and how it relates to your overall cash flow and wealth management strategy? 

Recommendation - We’ll review multiple scenarios to minimize expenses and maximize protection.

Implementation - How should you purchase the insurance, who should be the owner, insured, and beneficiaries to ensure the protection is owned the best way for you and your circumstances?

Monitoring - The reasons you will own or terminate insurance, the amounts you own, and the cost for insurance can change over time. 


Have your current providers discussed the opportunities below?

Life Insurance

  • Mortality tables, used to price life insurance policies, are different today than merely 3 years ago.  People are living longer and your policy premiums may be less. 

Long-Term Care

  • As people are living longer, many companies that previously issued long-term care have raised premiums to unaffordable levels for current owners, have gone out of business, or have increased underwriting qualifications for consumers concerned about the cost of ownership.  Other products have become available that can be more accessible and affordable.  Furthermore, if you own a business, there are ways to own long term care with tax advantages.  Sometimes it's what you own and other times it how you own it (or both).

Would you like an insurance review?

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