Insurance Basics

Long-term care insurance is an important part of retirement planning. Choosing the right option is a difficult decision and can affect your family’s financial future. Here are some things to consider:

Most people couldn’t bear the financial hardships resulting from unexpected events, such as a major house fire, a car accident, a disability or the premature death of a family breadwinner, which is why one of the most important components of a financial plan should be your personal risk management strategy.

Buying a long-term care insurance policy can be a complicated process, involving multiple decisions about which features are right for you and what premium you can afford. Among the many choices, there are five key factors to consider:

Self-motivated people are often the driving force in the success of a business, and nowhere more than in a small business. Frequently, just one or two talented individuals that possess education, knowledge and/or skills that other employees do not have are the biggest difference makers in the success of the operation.

We often say that our clients buy life insurance for one of two reasons – you love somebody or you owe somebody. For most, it will be the first reason. You want to protect a loved one and there is a financial dependence on your income.

Why does life insurance matter?

Understandably, no one likes to contemplate the end of his or her life. We work to focus on the moment and live in the present, hopefully enjoying life stages and milestones as they come. While thinking of our own demise may seem unpleasant, just like birth, death will be a part of everyone’s life.

As it does every few years, projections that the estate tax will soon sunset have begun to emerge. But we feel very strongly that even if it were to do so, the need for life insurance within estate planning would still be vital. Life insurance has the ability to satisfy an array of necessities that only life insurance can.

3 Insurance Gaps That Could Be Leaving You Vulnerable

Although most individuals have insurance coverage of some kind many don’t realize they are leaving themselves vulnerable to catastrophe by not having the correct type of insurance coverage or even by simply not having enough coverage.