Life Insurance
“You don't buy life insurance because you are going to die, but because those you love are going to live.”
Future-Oriented Planning.
Creating a plan can be overwhelming. Often so much we do not know where to start and so we don’t.
Let us help you take steps toward ensuring you are saving and growing your money while you are living and then passing it on to your family in the most tax efficient way.
Insurance is not just a one time transaction, it is for your life and for your family, find someone who understands it is not what happens today when you apply for it, it is what happens when you are not here anymore that the real job of taking care of people begins.
Most of us need to address 3 concerns:
01
What if I Die Too Soon?
What if I die before I have a chance to build assets and see my children through college and having children of their own.
Life insurance can step in to cover the financial loss of not being able to finish funding a retirement account, social security and children’s college.
02
What If I Get Very Sick?
Sometimes, the harder thing that happens is not going through cancer and dying, but going through cancer and living.
49% of foreclosures are due to medical problems. 62% of bankruptcies are due to medical bills.
There are multiple plans that can provide income or lumps sums if you become critically ill.
03
What If I Live A Long Time?
Now people get to look forward to decades in their golden years not just years.
The last thing you want to worry about is running out of money when you retire.
There are multiple plans that can provide lifetime income as well as providing tax efficient ways to pass on a legacy to your family.
What is Mortgage Protection?
For most of us, our biggest asset is our home, and mortgage protection can protect your home in the event you get critically ill or when you die. Death & disease are the most common reasons for foreclosure. The sudden death or diagnosis of a life threatening disease causes massive changes in our income and bills. Mortgage protection can help cover mortgage payments to provide time for the family to make decisions. The worst time to make a financial decision is when we are emotional and stressed.
What is Income Replacement?
Income replacement can replace your salary or your social security income to help your family pay for all the things you won’t be able to, such as children’s education and any outstanding debts, so they can continue living the same lifestyle you worked so hard to establish.
Planning: For Retirement
You worked hard to provide for your family, let us help you design a plan to make sure that your money is working hard to provide an income for you in your retirement years and make sure it does not run out, no matter how long you live.
What is Final Expense?
Final expenses are not just the plot or cremation. Final expenses can take care of medical bills, provide financial means for family to travel in to say their good-byes and take care of those final bills that come at the end of every life. This way you know your family will not be stuck with any unnecessary burdens.
What is Supplemental Income?
The last thing you and your family want to think about if there is a diagnosis of cancer, a heart attack, a hospital stay or a disability is money. It is possible to supplement your income with a critical coverage plan that provides a lump sum on diagnosis, or to receive funds for every day you are in the hospital receiving the care that you need, or to receive monthly checks while on disability.
Planning: Tax Free Savings
Savings as an emergency fund or in a retirement account are all steps that we should be taking as part of our financial plan. As we save there are specific accounts that the IRS allows your money to grow tax free and be withdrawn without penalty at any age. Taxes are a variable we cannot control, diversifying our savings so some of it is tax free and liquid gives you greater control over your future tax obligations.
Book an Appointment
Pick a date and time to speak to someone from our team to go over your options!