When is the last time you reviewed your insurance coverages?

We typically recommend reviewing your insurance policies every 3-5 years. This doesn't mean you should change your coverages that frequently, but reviewing them this often is a good discipline. By doing so, this can potentially give you the opportunity to save money and take advantage of newer products. Additional reasons you may want to review them include:

01

A significant change in your assets, income sources, and/or debts. 

02

A change in your dependent and/or beneficiary situations. 

03

A change in the terms of your current coverages.

04

A change in your overall personal goals. 

 

 

 

There will always be a necessity to protect you, the people, and the causes you care about should something negative befall you. This is why it's critical to us that you have appropriate coverage that is appropriately priced.

Different types of insurances that can be available to you include...

Term Insurance

  • Term insurance is inexpensive.
  • The premiums are fixed for the term.
  • It has a definitive death benefit that will last for the length of the term.
  • It has no cash value.

Whole Life Insurance

  • Whole life insurance is considered permanent insurance. 
  • Premiums and death benefits are fixed.
  • While the premiums are generally more expensive than term insurance, there is usually a cash value associated with them.
  • This cash value can be accessed. 
  • The death benefit is passed on tax-free to your beneficiaries.

Universal Life Insurance

  • Universal life is permanent insurance.
  • Premiums are able to be changed at your direction. 
  • If premiums are altered, the cash value and death benefit will also change.

Variable Life Insurance

  • Variable life is permanent life insurance. 
  • The cash account is invested. 
  • The premium values and death benefits can then increase or decrease depending on the performance.

Disability Insurance

  • If you become disabled and cannot work, this type of insurance will help replace your income. 
  • Its value is often overlooked, but is very important, especially if you are a high earner.
  • Policies offer coverage for short-term and long-term disabilities.
  • It is important to understand the differences between "Own-Occupation" and "Any-Occupation" coverages.

Umbrella Insurance

  • Umbrella insurance is a unique way to protect yourself against some circumstances that other traditional policies won't cover.
  • It is common to have one of these policies if you own a business, own multiple properties, or are exposed to additional risks.

Long-Term Care

  • Long term care insurance will help with extended health care costs and give you access to professionals that perform various levels of caretaking tasks, instead of relying on your loved ones.
  • Hybrid policies also have options that will allow you to blend the benefits of both life insurance and traditional long term care.

Business Owner Insurances

  • Business owners have additional needs that should be addressed to help protect them from additional risks they are exposed to including the death or disability of themselves, other partners, and/or their key employees.
  • Adequate coverages can also promote the continuity of your business in the event of your death or disability.

Term Insurance

  • Term insurance is inexpensive.
  • The premiums are fixed for the term.
  • It has a definitive death benefit that will last for the length of the term.
  • It has no cash value.

Whole Life Insurance

  • Whole life insurance is considered permanent insurance. 
  • Premiums and death benefits are fixed.
  • While the premiums are generally more expensive than term insurance, there is usually a cash value associated with them.
  • This cash value can be accessed. 
  • The death benefit is passed on tax-free to your beneficiaries.

Universal Life Insurance

  • Universal life is permanent insurance.
  • Premiums are able to be changed at your direction. 
  • If premiums are altered, the cash value and death benefit will also change.

Variable Life Insurance

  • Variable life is permanent life insurance. 
  • The cash account is invested. 
  • The premium values and death benefits can then increase or decrease depending on the performance.

Disability Insurance

  • If you become disabled and cannot work, this type of insurance will help replace your income. 
  • Its value is often overlooked, but is very important, especially if you are a high earner.
  • Policies offer coverage for short-term and long-term disabilities.
  • It is important to understand the differences between "Own-Occupation" and "Any-Occupation" coverages.

Umbrella Insurance

  • Umbrella insurance is a unique way to protect yourself against some circumstances that other traditional policies won't cover.
  • It is common to have one of these policies if you own a business, own multiple properties, or are exposed to additional risks.

Long-Term Care

  • Long term care insurance will help with extended health care costs and give you access to professionals that perform various levels of caretaking tasks, instead of relying on your loved ones.
  • Hybrid policies also have options that will allow you to blend the benefits of both life insurance and traditional long term care.

Business Owner Insurances

  • Business owners have additional needs that should be addressed to help protect them from additional risks they are exposed to including the death or disability of themselves, other partners, and/or their key employees.
  • Adequate coverages can also promote the continuity of your business in the event of your death or disability.

Term Insurance

  • Term insurance is inexpensive.
  • The premiums are fixed for the term.
  • It has a definitive death benefit that will last for the length of the term.
  • It has no cash value.

Whole Life Insurance

  • Whole life insurance is considered permanent insurance. 
  • Premiums and death benefits are fixed.
  • While the premiums are generally more expensive than term insurance, there is usually a cash value associated with them.
  • This cash value can be accessed. 
  • The death benefit is passed on tax-free to your beneficiaries.

Universal Life Insurance

  • Universal life is permanent insurance.
  • Premiums are able to be changed at your direction. 
  • If premiums are altered, the cash value and death benefit will also change.

Variable Life Insurance

  • Variable life is permanent life insurance. 
  • The cash account is invested. 
  • The premium values and death benefits can then increase or decrease depending on the performance.

Disability Insurance

  • If you become disabled and cannot work, this type of insurance will help replace your income. 
  • Its value is often overlooked, but is very important, especially if you are a high earner.
  • Policies offer coverage for short-term and long-term disabilities.
  • It is important to understand the differences between "Own-Occupation" and "Any-Occupation" coverages.

Umbrella Insurance

  • Umbrella insurance is a unique way to protect yourself against some circumstances that other traditional policies won't cover.
  • It is common to have one of these policies if you own a business, own multiple properties, or are exposed to additional risks.

Long-Term Care

  • Long term care insurance will help with extended health care costs and give you access to professionals that perform various levels of caretaking tasks, instead of relying on your loved ones.
  • Hybrid policies also have options that will allow you to blend the benefits of both life insurance and traditional long term care.

Business Owner Insurances

  • Business owners have additional needs that should be addressed to help protect them from additional risks they are exposed to including the death or disability of themselves, other partners, and/or their key employees.
  • Adequate coverages can also promote the continuity of your business in the event of your death or disability.