Insurance Services
Life, disability, and long-term care insurance are about risk. Risk is the exposure to the possibility of loss. Risk can be assumed, ignored, or transferred to a risk bearer. By asking questions and listening to you, we assist you in addressing the solution. Whether for personal or business situations, we will help you determine the appropriate type and amount of insurance.
LIFE INSURANCE
Life insurance is the basis of every solid financial plan. It helps protect your life and the lives of those you care about most. And some life insurance products can build cash value, earn dividends and provide benefits while you’re living.
We focus on whole life and term life insurance. Each product type has its advantages and disadvantages. They all protect your loved ones the most. However, some life insurance can build cash value, earn dividends or provide an accelerated death benefit you can use while living.
DISABILITY INCOME INSURANCE
Think of disability income insurance as protection for your income. What would happen if you suddenly couldn't go to work and didn’t receive your paycheck for three months? What about two years? Could you pay your bills on time, and would your family have enough to meet everyday living expenses? Maybe you think this would only happen if you suffered a terrible accident, but that’s not true. Only 10% of disabilities are because of accidents. The other 90% are from heart disease, cancer, and diabetes.
Individual disability insurance is income continuation or replacement income. If you’re injured or become ill, your disability benefit will replace a percentage of your income while you cannot work. Income protection insurance pays you so you can pay your mortgage or rent, buy groceries and meet other ongoing living expenses.
LONG-TERM CARE INSURANCE
There may come a time when you can no longer do everything you once did for yourself. Maybe you’ll find it challenging 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 the help you may need. Long-Term Care can be utilized in two ways:
- At Home: Most people prefer to remain home for as long as possible. Long-term care insurance can help you pay for services you receive in the comfort of your own home.
- In Care Facility: Sometimes, more care is needed than you can at home. A long-term care insurance policy also helps you pay for the care provided in an assisted living facility or nursing home.
MEDICARE SUPPLEMENT INSURANCE
Medicare Supplement insurance is offered to protect our customers’ health and wallets. It’s a great option to add to your existing Medicare Part A and B plans, as Medicare supplement insurance helps cover some out-of-pocket costs that Part A and Part B may leave you with. These include expenses like copays, coinsurance, and deductibles. Medicare Supplement plans also make traveling - even internationally - easy while being a regular monthly bill you can budget for.