Risk Mitigation & Insurance

Financial Planning with a Heart

An unexpected event such as a death, disability, or other personal loss, is certainly not something for which you can easily plan. Yet, the financial consequences can be devastating to you and your family.
Insurance, in all its varied forms, is simply a method for mitigating risk. Therefore, as part of your financial strategy, we educate families on types of insurance, different providers, and help you select the right option for you. We believe one size does not fit all, we will take the time to learn your particular situation, help determine the proper need for your family and present the best viable options for you.

Risk Transfer & Risk Sharing

Insurance is a method that allows you to transfer a risk you cannot afford. Since you may be unable to afford to rebuild your home in the event of a fire, for example, you may choose to transfer that risk to an insurer by purchasing a homeowner’s insurance.
Consider these other important insurance options. Between the ages of 25 to 35, for example, many couples are just starting out—getting married and establishing families and careers. During these years, the death of one partner could seriously jeopardize the surviving spouse’s or family’s financial future. A life insurance policy death benefit can help provide a continuing source of income, pay off a mortgage, or help fund a child’s education. Or, in case of income loss or job loss due to disability or illness, having proper long term care or disability insurance can help replace a portion of income, and protect your family from financial ruin.
Taking a closer look at different types of risks that may affect your family can help you answer some important questions. What should I insure? What type of insurance do I need? How much coverage should I purchase? We are here to help you find answers!

Need expert financial advice? Ask our team for free!