About Our Insurance Division!
In 2016, we added P+E Insurance Services to our portfolio as a result of the importance of insurance protection as a part of our holistic financial planning.
Most people think think “it won’t happen to me,” but bad things happen unexpectedly … things that are beyond our control. The insurance solutions we represent are ways to help make these unfortunate events more manageable. We want to be a partner to help protect lifestyles and provide peace of mind.
A family continues to thrive after the loss of a father. Employees keep their jobs in the absence of a business owner. A retiree enjoys weekly lunch with friends without compromising her budget. A mother maintains dignity and grace as she begins receiving assisted living in her own home. Bills are paid and meals are on the table despite an illness or injury. We make sure our clients are incorporating these risk management strategies as part of their comprehensive financial plan.
Do you have a risk management strategy? Let’s have a conversation today!
Peace of Mind is Attainable!
Most people don’t realize how important protection is until it’s too late – after they become too sick or hurt to work. Get in touch with your financial advisor today and ask how to protect your loved ones.
Filling a Need
Life insurance isn’t for the dead. It’s for the living. Not only does it offer peace of mind for your surviving loved ones, but it can also offer solutions and benefits you can use to lead a fulfilling life. Here are the four main benefits of life insurance:
Death benefit protection
In a time of grief, a life insurance policy can help with medical bills, funeral costs and other immediate expenses, ensuring a family has financial support when it’s needed most.
Life insurance can be part of a diverse investment portfolio. The gain is tax-deferred until withdrawn and can help fund financial emergencies, retirement income or college expenses.
Income tax benefits
Typically, the death benefit on a life insurance policy transfers to beneficiaries free of federal income taxes.
Integrating life insurance into an estate plan can offer a number of benefits, including avoiding family conflict, protecting other assets or providing trusts for beneficiaries.
Planning for Retirement
For many clients, retirement goals are simple: accumulate enough money to maintain their current lifestyle after they retire. In the face of challenges such as inflation, market risk and living longer, it’s important to plan carefully.
An annuity may be a good compliment to a retirement income plan. Benefits of an annuity:
– No annual contribution limit
– Tax deferred growth
– No loss of investment – principal protection
– Annuities can be set-up to provide a guaranteed payment for a specific length of time or the rest of your life, providing a steady stream of income.
The annuity serves as a complement to other retirement income sources, such as Social Security and pension plans. There are many different types of annuities to consider, so it is important to discuss your overall needs to determine if right for you.
Rely on the government
While it may seem like there are many programs available, Medicare only covers skilled care after hospitalization and Medicaid requires impoverishment.
Rely on family members
Will your spouse be physically able to assist you with daily living activities, such as moving from bed to chair, bathing and dressing? Are your children able to take time off to provide the daily support you may need? There may be a large negative impact of this strategy – both emotionally and financially.
Create a strategy with long-term care insurance
It’s important to evaluate your choices and find the option that works for you.
How solid is your foundation?
When someone is too sick or hurt to work, the bills don’t stop. Plus, there may be additional expenses for medical treatment or assistance. Many believe the government will support them, but average amount of time it takes to collect Social Security disability benefits, if you qualify, is more than a year. Employer policies are usually taxable, leaving less income to go around. Are you confident your family would survive?
A disability plan can help:
- Provide personal income protection for everyday living expenses
- Allow you to continue saving for retirement
- Reimburse owners for fixed business expenses
- Keep business value intact by funding the buyout of a disabled owner
- Help businesses offset the loss of a key employee
Why Choose Us
- We are philosophically built on the premise that our Clients’ needs come first
- Advanced Technology and Unmatched Responsiveness and Communication
- Independent Advice with a focus on Risk Management
- Comprehensive and holistic planning for all situations
Contact Us Today!