Life insurance is designed to pay a big lump sum benefit upon death. This can be used for a multitude of planning scenarios to include estate planning, wealth transfer, business continuity, succession/exit planning, and charitable giving.

Disability income is used to protect your client's livelihood during a long-term medical leave of absence. It is also effective in planning for business owners, buy/sell agreements, key employees, and small family businesses that want to take care of their employees during a health hardship.

CI is designed to pay a small to moderate lump sum upon diagnosis of an identified condition like cancer, heart attack, stroke, paralysis, organ transplant, etc. This can be used as a quick way to replace lost income or as a method to pay for travel and other unexpected expenses incurred during treatment.

LTC can help cover the cost of care services when someone loses the ability to do their normal Activities of Daily Living or during a severe cognitive impairment like dementia or Alzheimer’s. The cost of care today, averaging $40/hour for homecare which can result in spending between $6,000-$20,000 per month, is a runaway expense that can quickly deplete retirement savings, legacy goals, inheritance, or all of the above.

Annuities can serve to protect against the risk of longevity. One downside to living longer in today’s society (relative to any other epoch) is that many people are concerned about outliving their money. Annuities can offer a great hedge against market fluctuations resulting in more security for clients who have fixed expenses.