Life Insurance
Disability Income
Disability Income
When you start thinking about life insurance, odds are that you're thinking about protecting your family, both now and in the future. And that's a great place to start. But life insurance can do so much more. While everyone can benefit from life insurance, you may want to consider one type more than another, depending on where you are at this point in your life.
Disability Income
Disability Income
Disability Income
Disability income insurance (also known as disability insurance) protects you in the event you become mentally or physically unable to work. If you were to be injured in an accident, or diagnosed with a serious illness, it may be difficult or even impossible to continue earning a living and supporting your lifestyle. In these instances, d
Disability income insurance (also known as disability insurance) protects you in the event you become mentally or physically unable to work. If you were to be injured in an accident, or diagnosed with a serious illness, it may be difficult or even impossible to continue earning a living and supporting your lifestyle. In these instances, disability insurance is designed to replace a certain amount of your income. Even though you may have group long-term disability insurance through your employer, it may not be enough.
Long Term Care
Disability Income
Long Term Care
There may come a time when you no longer can do all the things you once did for yourself. Maybe you’ll find it difficult to continue shopping for groceries or preparing meals. Or you’ll need help with personal tasks like bathing, dressing or managing your medications. A long-term care insurance policy is designed to help you pay for help you may need.
Annuities
Premium Financing
Long Term Care
People typically buy annuities to help manage their income in retirement. Annuities provide three things:
- Periodic payments for a specific amount of time. This may be for the rest of your life, or the life of your spouse or another person.
- Death benefits. If you die before you start receiving payments, the person you name as your beneficiar
People typically buy annuities to help manage their income in retirement. Annuities provide three things:
- Periodic payments for a specific amount of time. This may be for the rest of your life, or the life of your spouse or another person.
- Death benefits. If you die before you start receiving payments, the person you name as your beneficiary receives a specific payment.
- Tax-deferred growth. You pay no taxes on the income and investment gains from your annuity until you withdraw the money.
Premium Financing
Premium Financing
Premium Financing
One way to protect future heirs is to insure your life so that, at your passing, estate taxes can be paid with the proceeds from a high-value life insurance policy. Typically, in such arrangements, the policy is held separate from the rest of the estate, in a trust.
An insurance policy can directly benefit your heirs and other beneficiarie
One way to protect future heirs is to insure your life so that, at your passing, estate taxes can be paid with the proceeds from a high-value life insurance policy. Typically, in such arrangements, the policy is held separate from the rest of the estate, in a trust.
An insurance policy can directly benefit your heirs and other beneficiaries. The proceeds of the policy can be used to:
- Cover estate taxes and thereby avoid liquidating assets or disrupting an investment portfolio
- Retain control of significant or illiquid assets, such as a concentrated stock position or real estate assets.
- Provide funds to sustain a business