Insurance Planning
Making The Case
- Insurance should be a part of the financial plan, not the entire plan itself
- Many advisors are interested in selling insurance as a focal point to your investments, while we believe that insurance should be used as catastrophic protection to ensure the plan is not derailed by a high frequency, low severity situation.
- Typically, this comes in the form of term life insurance, disability insurance, and long-term care insurance
How We Help
These things should be purchased with a couple of questions in mind:
- If I or a family member passed away, what would be the financial impact on others?
- f I or a family member could not do their current job for some reason, would we be able to support our expenses?
- What are your plans for living as you move through retirement? The long term care conversation is more complex and requires a handful of other considerations related to you, your family situation, and your wishes.