Peace of Mind
Isn't this what we are all looking for when considering how to protect our families and businesses from a dramatic, unforeseen life-changing event?
Insurance is a vehicle, which when implemented correctly, can give you peace of mind by protecting your family and your business from sudden disruptions.
Knowing which protection strategy can achieve this level of calmness is part of the Frontier Wealth Strategies comprehensive financial plan approach.
Replaces a portion of your income in the event you cannot work due to longer than expected illness or injury.
If you own a company or are a sole proprietor, disability insurance is recommended to ensure you can still pay bills and limit the pull on your savings.
Protects income for loved ones in case of premature death. Families with children who would suffer if one- or two-income earners were to die prematurely need the protection of future income displacement.
Life insurance can also be used to pass on wealth and plan legacy gifting.
Long Term Care Insurance
Provides coverage for chronic illnesses that normal medical insurance and Medicare or Medicaid won’t cover.
When an individual cannot perform 2 activities of the six activities of daily living (ADL’s) such as dressing, bathing, eating, toileting, continence, transferring, and walking.
There is traditional insurance and non-traditional types so educating yourself of the different strategies is important.
If you have a need to look further at insurance as a way of protecting yourself, your loved ones, or your business, please click below to set up a 15-minute call with one of our CFP Advisors.