Risk Management

Purchasing insurance is prudent when an event, such as death, disability, or the need for long-term nursing care, could cause financial hardship. We can help you determine how much protection makes sense, the type of policy that best solves your problem, and then shop it around to secure a good value for you.

Most insurance policies are not understood, and unfortunately, they are often sold inappropriately. Your current policies will be reviewed, in light of your current situation, and we'll give you an honest opinion. And, with dozens of carriers to select from, we will recommend adjustments, if they are suitable, and help you put things in place.

Term insurance is generally best when your need for protection is for a defined period of time (e.g., dependent children, mortgage debt, replacing lost income, and company debt). Term insurance premiums can be secured for 5-, 10-, 15- 20-, 25-, or 30-year periods at a level premium amount.

A permanent type of policy, such as whole life or universal life, is generally best when you need the protection to be in place when you die, regardless of when that time comes. A second-to-die type of policy is often used for estate transfer planning and charitable giving.

It's often said that you only need insurance if you love someone or owe someone . . . enough said.