L I F E I N S U R A N C E

Life is full of surprises, when we're faced with life events both positive and negative, feeling prepared.... all we educate our clients about strategies that can flex with changes in their environment.  When a client experiences life events such as an engagement, having a child, an unforeseen illness or even the death of a loved one that is when they typically begin thinking about Life insurance.

The best way to prepare for those planned and unplanned events is to learn about ways to protect yourself and your family before they occur.  It's our job to provide the knowledge about how these products work with your overall investment portfolio and are built to flex with your changing environment.

A sound financial strategy starts with protection. A comfortable retirement, paying for college or saving for the future without protection from risks such as law suits, prolonged illness or premature death leaves a plan both vulnerable and incomplete. Our planning process will help to quantify the risks that you may be exposed to using objective tools and years of experience. Protection planning includes a full review of your estate planning documents such as Wills and Trusts, along with a comprehensive assessment of your insurance policies.

Together we will determine the right amount of insurance to own and the various types of insurance that might be suitable for your situation. While the insurance planning process can be aided with calculators that help to quantify the amount of insurance that one should have, we recognize that planning for the unexpected also involves incorporating personal values into the decision-making process. As such, we eschew general rules of thumb that are often promoted by unsophisticated media sources, instead creating customized strategies. Insurance is often the most misunderstood and under-used financial tool. Our experience and research have enabled us to develop strategies to help our clients both protect and growth their wealth using products that have stood the test of time.

Whole life insurance provides lifetime insurance protection with additional guarantees and tax benefits.  Whole life offers three guarantees to help protect you and those you care about from the uncertainties of life:

• Guaranteed death benefit*
• Guaranteed cash value**
• Guaranteed level premiums

Term life insurance provides protection for a specified period of time or a term.  Term insurance has the following benefits:

• Guaranteed death benefit (for the term of the policy)
• Insure your insurability, lock in your good health now
• Ability to convert to permanent insurance later

Depending on where you are in your life it's important to understand how these products are used and when. 

*All whole life insurance policy guarantees are subject to the timely payment of all required premiums and the claims paying
ability of the issuing insurance company. Policy loans and withdrawals affect the guarantees by reducing the policy’s death
benefit and cash values.

**Some whole life polices do not have cash values in the first two years of the policy and don’t pay a dividend until the policy’s third year. Talk to your financial representative and refer to your individual whole life policy illustration for more
information