Insurance is a transfer of risk. It simply comes down to how much you would be willing to pay an insurance company to take a designated risk off your hands and bear the financial burden for your recovery. The greater the risk potential the more an insurance company will charge to take on that risk for you.
appropriate for you?
Financial risks can vary. We simply need to determine the cost of the premium versus the risk it covers and if it would be wise to pay to transfer the risk. We help you determine risk coverage through financial analysis and need-based applications. We follow through with proposals from various insurance companies to help you find policies that best suit your needs. Once you have decided what is appropriate for you, we process your applications and follow through to fruition.
assess your needs
Life insurance and health insurance are the most commonly pursued policies. Disability and long term care insurance should also be considered in every financial plan, whether self funded or obtained though an insurance policy. Small business corporations, partnerships and LLCs may also consider buy/sell policies to protect the owners. Again we help you assess the need and find the right policy that satisfies your needs.
Insurance policy guarantees are based on the claims paying ability of the issuing company.