Risk Planning

Income Protection    |    Life Insurance    |    Long-Term Care

 

Surprises are great for birthdays and Christmas, but not when it comes to your money!

“Life is inherently risky. There is only one big risk you should avoid at all costs, and that is the risk of doing nothing.”

 

~ Denis Waitley

Income Protection


What is your most valuable asset?  Is it your house?  Your 401k?  Your car?

Actually, your most valuable asset is your current and future ability to make money.  Your whole life and lifestyle, the welfare of your loved ones, and your future retirement are based on that asset.  We insure our homes, we insure our cars, we can even take steps to protect our investments.  Can you, and should you, insure your income?

We all know the importance of buying life insurance to protect our family in case of our untimely death.  What many people don’t know is that you are much more likely – 4 times more likely, in fact – to get sick or injured and not be able to work for an extended period of time than you are to die during your working years.  They both have the same financial impact on your family – you aren’t able to provide income to support them.  And it can be worse for an injury or illness; your illness or injury may cause greater financial stress due to ongoing medical bills.

A solid income protection plan, anchored by an affordable disability insurance policy, is vital to protecting your family.  We should be able to protect as much as 70% of your annual income, at a cost of less than 3% of your income.  If you are curious, we can educate you on how these plans work.

You might say, “But I have disability coverage through work!”  If you do, that’s fantastic!  Remember, your benefits through a group plan are taxable, so your actual take home benefit may be less than you think.  If you’re not sure, schedule a consultation to bring your plan documents and we’ll do a free audit, so you understand how it all works and what the provisions are, so if something does happen, you know what to expect.

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Life Insurance


There are people in your life that care about you and depend on you.  One of the most rewarding parts of what we do is helping our clients find peace of mind by protecting the people they love in the event of the worst-case scenarios.  A financial plan is not complete without considering how to care for your family in the event that you were taken away from them.

Each individual and family have widely varying life insurance needs depending on several factors which change throughout our lives.  Our job is to help you make informed decisions and evaluate what protection is right for you and the people you support.  Some common things to consider when setting up life insurance plan include:

Would your family be able to continue the lifestyle you want for them? 

Would your children be able to go to college? 

Would your spouse have to work or work more, taking time away from your children? 

Would your elderly parents be able to take care of themselves without your help? 

Life insurance protection can and should be affordable.  We competitively shop the top providers to find the situation that is best for you and your family.  Give us a call or set up a visit to our office to discuss your current coverage, what makes sense for your circumstances and how much it should cost.

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Long Term Care


Apart from taxes, the largest cost you will most likely face in retirement will be medical care.  It’s estimated that you will spend as much on medical care in the last few years of your life as you did in the rest of your life combined.  And yet, medical care is vital to having a decent quality of life in your golden years.

Statistics show about 70% of today’s seniors will need long-term care at some point.  That number is expected to rise as modern medicine and nutrition extends life expectancies.  We strongly believe in making plans for this phase of life to prevent the tremendous impact on savings that medical needs can have especially with the rate of inflation in long-term care.

Our goal is to protect children and surviving spouses from these financial burdens that can severely impact quality of life by providing options.  The alternative to paying for these expenses out of pocket is to obtain long-term care insurance

Traditionally, long-term care protection came with three significant drawbacks – the insurance company had the right to raise premiums at any time, benefits have a finite limit and an extended illness could completely deplete the coverage, leaving savings and the surviving spouse vulnerable. If you die without needing long-term care, the money you paid in over all those years is forfeited to the insurance company.

We’re very happy to report that in recent years, insurance companies have recognized that consumers will no longer put up with these issues. As a result, new strategies have been developed that include:

  • A guarantee that premiums never increase
  • Benefits that last forever
  • A death benefit for your beneficiaries if you die without using the plan.

You can even pay for it with a one-time lump sum, and never have to worry about it again.  We’d be happy to evaluate your long-term care options and help you find a plan that suits your needs.  Click here to schedule an introductory consultation, or call us at 720-724-7633.

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Most consumers don’t know that they are five times more likely to become disabled then to die during their working years, yet the vast majority of consumers have life insurance over disability income protection. Many families do not have the safety net to provide in the event of a family member becoming unable to perform their work responsibilities.  We represent many of the top disability income carriers and are passionate about educating our clients on what protection they need to have in place for their unique situation.


What is your most valuable asset? Is it your house? Your 401k? Your car?

Actually, your most valuable asset is your current and future ability to make money. Your whole life and lifestyle, the welfare of your loved ones, and your future retirement are based on that asset. We insure our homes, we insure our cars, we can even take steps to protect our investments. Can you, and should you, insure your income?  Read more

We offer custom case design and quotes to protect the most precious people in your life in the event of death. Our broad and unique carrier selection means you’ll always have competitive rates for the cost of insurance, and we help our clients determine coverage and strategies that are most advantageous, and find the most optimal policy to put in place. We weave life insurance into our client’s holistic financial plan to ensure that it is the most comprehensive use of funds.


There are people in your life that care about you and depend on you.  One of the most rewarding parts of what we do is helping our clients find peace of mind by protecting the people they love in the event of the worst-case scenarios.  A financial plan is not complete without considering how to care for your family in the event that you were taken away from them.  Read more

Chronic and critical illness or nursing home confinement is a primary concern for many people approaching retirement age.  We offer numerous different solutions to meet your needs, including traditional LTC insurance, link benefits, and annuity-based solutions.  Our selection of the marketplace’s top Long-Term Care carriers guarantee the best plans to put a plan in place that suits your unique needs.


Apart from taxes, the largest cost you will most likely face in retirement will be medical care.  It’s estimated that you will spend as much on medical care in the last few years of your life as you did in the rest of your life combined.  And yet, medical care is vital to having a decent quality of life in your golden years.  Read more