Insurance can be an effective risk management tool providing necessary protection to your family’s legacy; including current and future income, personal or business, charitable giving and family estates.
|Asset Accumulation||Asset Protection|
|Wealth & Property||Long-Term Care Insurance|
In the event of a tragedy, life insurance proceeds can help pay the bills, continue a family business, finance future needs like your children’s education, protect your spouse’s retirement plans, and much more.
Life Insurance is a financial tool that protects against the risk that a person will die earlier than expected and be unable to fulfill obligations. 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, at death, when survivors may be exposed to certain financial risks, such as burial expenses, loss of personal or business income and debts.
For You or Your Spouse
We are partnered with high rated insurance companies to provide you the best policy with a premium that will fit your budget; whether you want life insurance for a specific period of time, for example a 10, 20, or 30-year term, or permanent coverage with cash values.
For Your Child or Grand Child
Insuring your child or grandchild now allows for the guarantee of future insurability.
Factors Affecting Your Life Insurance Needs
Life insurance needs change as circumstances in your life change. That's why it's a good idea to re-examine your life insurance needs at least every few years and certainly when big changes, or life events, occur. You may find you don’t have enough coverage or you have too much. Remember to check your beneficiaries when you have a life changing event.
- Getting married
- Buying a home
- Having a child
- Taking on debt
- Changing jobs
- Supporting aging parents
- Changes in your business
- Getting a divorce
- Planning for college
- Planning for retirement
What Kind of Insurance Right for Me?
|Length of Coverage||A specified term, typically 10, 20 or 30 years||Until age 100 or later, as long as premiums are paid|
|Premiums||Considerably lower than permanent insurance, when initially purchased||Initially higher than term premiums, but often level for life|
|Cash Value||None||Accumulates over time on a tax-deferred basis|
|Key Advantage||Typically offers the highest death benefit for the lowest cost||Offers lifelong protection and tax-deferred savings|
Have you ever considered the financial impact of you or a family member being unable to work? Protect your most valuable asset, your income, with disability insurance. Ask us for a personalized quote!
Legislation from 2009 now provides additional benefits for you and your family to purchase a Long-Term Care insurance policy.
As health care advances in research and technology, people continue to live longer; however, as we grow older we typically grow frail and may need more and more assistance in daily activities. Long-Term Care Insurance is similar to life insurance in that it protects the family’s lifestyle and finances in the event of an unexpected need.
Why Own a Long-Term Care Insurance Policy?
- Estate Preservation.
- Opportunity to receive qualified care and avoid burdening your family.
- Take advantage of the asset protection offered through the Wisconsin Long Term Care Insurance Partnership Program and still qualify for Medicaid.
- The demand and costs for in-home care are on the rise. The Wisconsin average annual rate for a private nursing home room is $87,782, a 17 percent increase since 2004.
What types of care does the policy cover?
Coverage is available for all types of care and may be flexible. The most common type of policy covers:
- Assisted Living Facilities
- Home Care
- Standard Nursing Facilities
If you have an existing policy, we can help you review it to ensure you have the coverage you desire. Don’t have a policy? We can help build you the policy to fit your specific needs and budget.
Advanced funeral planning gives you the peace of mind that comes with knowing your funeral arrangements are taken care of while lessening the burden on your survivors.
List of possible goods and services qualifying for reimbursement:
- Basic Services of Funeral Director and Staff
- Other professional services
- Other care of deceased
- Funeral Home Facilities and/or staff services
- Funeral service
- Memorial service
- Graveside service
- Other Merchandise
- Clergy Honorarium
- Death certificates
- Temporary market
- Stationary Package
- Obituary Notices
- Alternative Container
- Other Services
- Transportation Equipment and Driver
- Transfer of Deceased
- Funeral Vehicle/hearse
- Utility/service vehicle
- Cemetery Charges