It is imperative for people to understand their insurance needs and protect themselves against catastrophic loss due to unforeseen events. Through an in depth analysis, we can determine which policies are best for you and your family.
A term policy provides coverage for a specific length of time - typically between 10 and 30 years. This should be purchased if the goal is to get to retirement with adequate savings in place.
Permanent life insurance provides coverage for your entire lifespan, so long as premiums are paid. Benefits may include cash value accumulation, fixed or flexible premiums and estate equalization.
Disability insurance provides an income in the unforeseen event you are unable to work and earn money due to a disability. Roughly 1 in 7 people between 35-65 will become disabled for 5 years or longer.*
According to the Dept. of Health & Human Services, roughly 7 in 10 people (69%) turning age 65 today will need, at some point, some type of long-term care services - either at home or in a facility.