Insurance & Annuities

More than 40% of Americans don’t have any form of life insurance.*

Life Insurance

We understand the need to insure our homes and autos, but sometimes we fail to insure to the most important thing we have, and that is our life. We use leverage every day of our lives to insure our home and autos by using a small premium payment to cover a large “what if” or loss, such as a fire or an accident. Yet, when it comes to life insurance… we hesitate; sometimes because of the cost or perhaps by thinking, “I am not going to die any time soon!” But, unforeseen events affect us all.

So, what life insurance should you get? And, how much protection should you purchase? Well, everyone’s situation is different. So, we recommend starting off with our Life Insurance Analysis. This will help you identify your specific life insurance coverage needs, and whether it be Term, Permanent or a combination of both. We work with a variety of life insurance companies allowing us to find the right fit for your individual needs.

What if you already have life insurance? Many wonder, do I have enough? Our Life Insurance Analysis will also help to see if your current coverage is adequate.

Annuities

When it comes to annuities, it is safe to say they are probably the most disliked, misunderstood investment out there. Why? One reason is because of the bad picture painted by Variable Annuities. Variable Annuities are usually loaded with fees (some over 4%!) and often have substandard returns and put your principal at risk.

In our practice, we like to use a “simple vanilla,” fixed, no risk annuity. The Fixed Annuity is for the investor who wants to have a portion of their portfolio in a completely safe investment, with no risk of loss to their principal. We use them in an assortment of ways to best fit your individual risk number and goals. For example, they can be set up like a pension to provide a set guaranteed monthly payment, or, can be laddered like bonds or CDs in 3, 5, 7 and 10 year buckets with varying rates of return.

No one annuity is right for everyone. So, we work with several A+ companies to help us find the right solution for your needs.

Similar to the Life Insurance Analysis, we also provide an Annuity Analysis. We will comb through your current annuity to see how it is set up, fees associated with it, how it is allocated, and more.

Learn more about the other Services We Provide: Retirement Planning, Investment Management, and Tax Planning.