INSURANCE

Do you have enough Insurance to protect your hard-earned assets?

The purpose of Insurance is to manage risk. Risks include the possibility of losing income and/or accumulated assets due to death, disability, illness, injury or liability. Risk management should be the cornerstone of your financial planning effort. It makes no difference how elaborate or effective the investment portfolio, the retirement plan, or the estate plan, if you fail to take the necessary steps to minimize risk and prevent loss. We can help you incorporate the appropriate risk avoidance, risk reduction, risk assumption/retention and risk transfer techniques into your unique financial plan!

Should you purchase Long-Term Care Insurance?

Long-term care has become an important focus for our nation due to the aging

America. Citizens aged 85 and older are expected to comprise about 5%

of our population by the year 2050. Living to advanced ages brings

its own challenges for assisted living as well as changes in

life-style.

Today, the majority of the cost for long-term health care is paid for

by Individual private sources (40%) and low-income subsidy

programs such as Medicaid (45%). A source being used more

frequently to pay for long-term care is long-term health care

insurance from a private insurer. If you would like to know if you are

a candidate for long-term care insurance, give Larry Allan a call today