Insurance

We offer insurance product solutions from nearly every top carrier available today.  These range from traditional life, health, disability and long term care insurance to more advanced designs required in business and estate planning.

Through our financial planning process, we help identify areas of risk where our clients have an insurance need.  In analyzing our client's existing insurance portfolio, we are able to determine if they have enough, not enough or too much.

We believe there are three reasons to own insurance:

  1. Create an Estate - you do not have enough liquid assets to support your family if something happened to you.  Life, Health, Disability and Long-Term Care.
  2. Pay for Estate Tax - your assets are substantial enough that you have an estate tax liability but not enough liquid assets to cover the liability and support your surviving family.
  3. Investment - all though investments in insurance policies grow tax deferred the cost of owning the investments in an insurance policy are typically much higher than owning them outright.

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 that you are insurable by having the policy approved. As with most financial decisions, there are expenses associated with the purchase of life insurance. Policies commonly have mortality and expense charges. In addition, if a policy is surrendered prematurely, there may be surrender charges and income tax implications.