LIFE INSURANCE

Protecting Your Peace-of-Mind

 

Life insurance allows you to protect your family by offering income tax-free benefits to heirs. Life insurance also possesses a wealth of unique and flexible benefits that enable policyholders to successfully address a variety of needs, including:

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Personal

• Family Protection

• College Funding

• Debt Resolution

• Wealth Creation

• Tax-free Death Benefits

• Estate Liquidity

• Legacy Planning

   

Business

• Key Employee

• Executive Recruitment and Retention

• Business Continuation

• Succession Planning

• Debt Resolution

   

Charitable

• Legacy Planning

• Gift Creation

• Gift Maximization

 

Types of Life Insurance

We offer three types of life insurance:

1. Term Life – Term life insurance provides level death benefit and level premium coverage for a specific time period. Typically offered in 10, 15, 20 and 30 year options.

2. Whole Life – Whole life insurance provides permanent death benefit coverage from Mutual insurance companies with strong guarantees and potential dividend payments. These policies are typically used to build cash value.

3. Universal Life – Universal life insurance provides permanent death benefit coverage, and is acknowledged for its premium and policy flexibility (Fixed, Guaranteed, Indexed and Variable Universal Life Insurance are available. Please contact us for details).

    

Forms of Life Insurance Coverage

There are two forms of life insurance coverage from which to choose:

1. Single Life Coverage – Used in a wide array of applications, single life insurance coverage provides death benefit protection on the life of the insured; policy proceeds are paid upon their death.

2. Joint Life Coverage – Typically used in estate planning to delay estate taxes at the death of the first party, joint life insurance coverage provides death benefit protection on the lives of two insureds; policy proceeds are payable upon the death of the second insured.

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DISABILITY INSURANCE

Insurance that Works When You Can’t

 

Disabilities can occur unexpectedly on any given day and to the healthiest of individuals, and result in potentially catastrophic physical, emotional and financial duress at home and work. As a result, it’s important for individuals and employers to extend due consideration to disability insurance.

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A disability incurred during your working years can prevent you from achieving your long-term goals and objectives. That’s why it’s essential to ensure your ability to earn an income until you’ve accrued enough assets to offset the need to continue working.

 

At times, the best strategy is a combination of individual and group disability insurance policies to optimize your cost and coverage. However, group disability plans may only cover a small portion of your income, are not portable and expire when your employment ends. Due to the complexity of individual and group disability insurance, it’s best to secure the services of a disability insurance expert.

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LONG-TERM CARE INSURANCE

We’re Here for the ‘Long-Term’

 

Many of our clients of are extremely concerned about ever-increasing healthcare costs related to long-term care, and we completely understand. In recent years, addressing the healthcare needs of an aging population has sparked exponential increases in the demand for long-term care, and forced record costs on those requiring assistance with day-to-day living activities.

 

Although the need for long-term care is obvious, planning for it can be a difficult task due to a variety of factors influencing the decision-making process, including:

• Indifference to long-term care choices and living arrangements as faculties decline.

• Family members who are unwilling or unable to offer support as needed.

• Insufficient or incorrect information regarding long-term care, policies, options, etc.

• Inability to plan for long-term care due to time constraints, family or work issues, etc.

   

The financial implications of long-term care are almost always more costly than anticipated, and related costs are expected to skyrocket in the years to come. Since most health insurance won’t pay for extended/long-term care (needs), we deem long-term care insurance an essential component of/for income and asset protection

 

We believe that the most suitable insurance policies never leave you wondering about what to do in the event you incur a disability. In fact, our process for selecting the most suitable insurance policies produces two essential components:

1. Benefits that are best-suited to meet your personal needs and preferences

2. Policies that are priced according to your budget

    

   Once we review your unique situation, evaluate your existing policies, and learn your specific goals and objectives, we help you locate and secure the best insurance coverage at the best price.