As we grow older, get married, build families and start businesses, we come to realize more and more that insurance is a fundamental part of any financial plan. Whether life, health, or long term care insurance, insurance can help you protect what’s important to you.
Disability insurance helps replace income lost because of an accident or illness. One survey found that 43% of people over age 40 will suffer a disability of at least 90 days before they reach age 65.
Group Health Insurance
There are certain types of benefits that employees will automatically expect from their employer. The first is health care. The majority of employees will not only expect you to provide these benefits, but may also be interested in other options, including group life and group dental.
Individual Health Insurance
Medical coverage goes right to the heart of why we buy insurance in the first place. We buy insurance as a way to protect ourselves against loss. If you’ve ever had a major injury or surgery, you understand the importance of having good medical insurance.
The primary purpose of life insurance is to protect your dependents financially in the event of your death. Properly positioned, the benefit from a life insurance policy can provide a steady stream of income for your family. It can also provide liquid capital to pay estate taxes and other obligations.
Long-Term Care Insurance
One of the greatest potential risks faced by America’s elderly is the need for long-term care. Long-term care insurance transfers a portion of the risk of long-term care expenses to an insurance company helping to protect you and your family from potentially devastating expenses.