Life Insurance

Life Insurance is a financial tool that protects financial well-being and should be a key component of every financial plan. A life insurance policy guarantees that a designated amount of money will be available, generally income-tax-free, at the very time it is needed most, when survivors may be exposed to certain financial risks, such as burial expenses, loss of income and debts. How much life insurance do i need?

Annuities

Annuities are unique financial vehicles designed to help people accumulate money for their retirement and/or turn a lump sum of money into a guaranteed stream of income for life.

Long Term Care

While there are many comparable long-term care insurance products available today — not all products are equal. Before you buy a long-term care policy be sure you have carefully considered what you want out of a long-term care insurance product. Then, make sure the policy you select will provide the benefits you need if and when you need to use the policy's benefits. Most importantly, make sure that you work with an insurance company you trust and an agent who understands long-term care insurance.

It is very important to consider a company's financial strength ratings and rate increase history when selecting a carrier for any insurance or annuity policy. Life insurance, Annuities and long-term care insurance policies are a long-term investment and buyers should be confident that their carrier will be there in the future if they need them. The financial strength ratings refer only to the overall financial status of the company and is not a recommendation of the specific policy, provision, rates or practices of the insurance company. The following agencies provide financial strength ratings of the major insurance companies: A.M Best, Fitch Ratings, Moody's , and Standard and Poor's.

For more information contact our Financial Service Department at (508) 322-3248