Risk Management Solutions

When your financial plan includes wealth protection and risk management, you’ll be striving to ensure your family – and your vision for the future – is secure.

We’ll work with you to develop strategies to:

Provide for your family in the event of death.
Life insurance policies can be designed with different needs in mind. They can provide temporary protection, cash accumulation or may be utilized as part of an estate plan.

Provide for you and your family in the event of a disability.
Disability income insurance helps to protect your most valuable asset, your ability to earn an income. But what if the unexpected happened and you suddenly weren’t able to earn a living because of illness or injury? Not only would you have the stress of meeting everyday living expenses, but you might also have to put other goals, like saving for a child’s college or for retirement, on hold.

Provide for long-term care.
Long-term care events can have a significant impact on your financial security. Planning for long-term care events can help provide options on how to fund and receive care, should you need it.




Disability Life Insurance


Most people understand the need for health insurance, life insurance, homeowners insurance, and car insurance. But what if the unexpected happened and you suddenly weren’t able to earn a living because of illness or injury? Not only would you have the stress of meeting everyday living expenses, but you might also have to put other goals, like saving for retirement, on hold.

Disability income insurance can help you protect your most valuable asset – your ability to earn an income.

If your employer offers a comprehensive package of benefits, you may have access to group disability income insurance at work. That’s a great starting point, but most group plans cover only a portion of your income. Could you survive a 40 percent cut in pay? For that reason, you may want to consider supplementing group coverage with individual disability income insurance.

If you’re a business owner, you also need to think about whether your business would be able to continue without you. Disability overhead insurance reimburses certain business expenses, and key person disability insurance helps to minimize the loss of a key contributor due to disability.

Whether you own a business or not, consider disability income insurance a fundamental layer in your plan to secure your financial future.




Life Insurance


You work hard to give your loved ones every advantage. But would your family have the financial resources to maintain its lifestyle if you died?

While nothing can replace you, life insurance can help ensure that your loved ones have the financial security necessary to live out their dreams. Life insurance can help:

  • Pay the mortgage or any other debt.
  • Maintain your family’s standard of living.
  • Keep your children in their current school and fund college.
  • Pay for final expenses.
  • Leave a legacy.

Life insurance can also be more than a safety net. Depending on the type of life insurance, it can also be the foundation for a sound financial strategy. With permanent life insurance, for example, as you pay premiums, the policy accumulates cash value that grows tax deferred and can become a source of funding you can utilize to help meet your financial goals. 

That’s in contrast to term life insurance, which does not build cash value but is one of the most affordable types of insurance you can buy.

If you’re a business owner, offering life insurance as part of a comprehensive benefits package will help to recruit and retain valuable employees and give them the financial security they need while contributing to the success of your business.

Life insurance can also minimize the financial impact felt by the death of a key contributor to your business. Its proceeds or cash value can be used to cover the potential loss of business or recruit a successor.




Long Term Care


Most people hope to enjoy a long and healthy life as long as it’s on their own terms, which likely includes the desire to live as independently as possible. But life doesn’t always happen according to plan.

An unexpected accident, illness or injury can profoundly change your life – sometimes suddenly. And if it does, you may find yourself needing help with the tasks of everyday living.

Having a plan in place for long-term care may be one of the most important steps you can take to ensure the future financial security of you and your family.




Permanent Life Insurance


Permanent life insurance is designed to provide insurance protection for as long as you live. This is in contrast to term insurance, which provides protection for a set number of years, or term.

And while most people purchase insurance to provide a death benefit, permanent life insurance can also provide benefits while you’re living. The cash value of a permanent life insurance policy grows income tax deferred and can be used to provide an income stream during retirement or can help meet other long-term financial goals, such as funding a college education for a child or grandchild.

The guaranteed accessibility to the cash value makes permanent life insurance one of the most valuable assets people can own.
Whole Life Insurance
Whole life is a form of permanent life insurance that offers guaranteed level premiums, a guaranteed death benefit and guaranteed cash value.

CompLife Insurance
CompLife is a hybrid of permanent and term insurance that offers lifelong protection and the ability to build cash value, plus the ability to secure high levels of more affordable, temporary protection.

Universal Life Insurance
Universal life combines the benefits of permanent life insurance and its ability to build cash value with the convenience of adjustable death benefit, premiums and payment schedules.

Variable Life Insurance
Variable life insurance offers life insurance with the potential for greater cash value and death benefit growth than other types of permanent life insurance. Because you determine where your policy’s cash value is invested, you can take on more risk in exchange for greater potential growth.




Term Life Insurance


Term life insurance provides coverage for a specific period of time, or term (for example,10 or 20 years or to a specific age, such as 80).

Because it’s designed to be temporary, most people buy term insurance to cover financial obligations that will disappear over time, such as a mortgage, business debt or the cost of raising children through their college years.

Term insurance is also the most affordable type of insurance. It allows you to get the greatest amount of coverage for the lowest initial premium. And that’s what often makes term insurance a more desirable option for people who are just starting out or who need it only for a defined period of time.

We offer two types of term insurance policies:

  • Level premium policies offer protection with payments that remain level for the duration of the term.
  • Annually renewable policies guarantee coverage for a set period of time with a premium that resets every year.

Most term policies also contain a conversion period, which allows you to convert to a permanent policy at a later date.

Guarantees are based on the claims-paying ability of the issuing company.

Variable Universal Life Insurance/Variable Life Insurance policies are subject to substantial fees and charges. Policy values will fluctuate and are subject to market risk and to possible loss of principal. Guarantees are based on the claims paying ability of the issuer.



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