Effective insurance planning provides a foundation under your financial world—some refer to it as the “mote around the castle”. The sad reality is bad things happen to good people. The governing objective of insurance planning is to provide the optimal protection at the optimal cost so that when a major risk occurs, it doesn’t impact the rest of your plan. Accordingly, we offer insurance consultation services that include coverage needs analysis, current coverage audit, plan design, and shopping for the best coverage for the best price. We are not tied to any one carrier or product, which gives us the flexibility to shop around until we find the best plan for your specific needs. Insurance audits include:
Unfortunately, the insurance industry is filled with more salesmen than planners and so insurance is more often sold than fitted. The risk of premature death can be devastating to a family or business if not protected properly, so it is imperative that you have an insurance plan carefully designed around your unique needs, your current resources, and the best available insurance options. Because we are not tied to any one carrier, we have the flexibility to sift through many different companies and products until we find the right fit for your needs.
Disabilities carry tragic financial consequences to families and businesses. A well-designed disability plan is a core piece of an effective financial plan, but it takes experience and expertise to do it right. We will find the right carrier and design to meet your disability protection needs.
The cost and availability of life insurance depend on factors such as age, health, and the type and amount of insurance purchased. Before implementing a strategy involving life insurance, it would be prudent to make sure you are insurable. As with most financial decisions, there are expenses associated with the purchase of life insurance. Policies commonly have mortality and expense charges; if a policy is surrendered prematurely, there may be surrender charges and income tax implications. Any guarantees are contingent on the financial strength and claims-paying ability of the issuing insurance company.