Your Insurance Plan will help you determine if you have the right amount and type of insurance.
Through an in-depth review of your current financial position and insurance products, we’ll help you determine whether you and your family are adequately covered should any of the following events occur:
Unexpected Death – The Survivor Analysis looks at what would happen if you or your spouse were to die today. It takes into account your immediate and future family requirements as well as any sources of capital available to you. We use this information to determine whether your family’s financial future is secure in the case of an untimely death.
Accident or Sickness – The Disability Analysis looks at what would happen if you or your spouse were to become disabled today due to an accident or sickness. Similar to the Survivor Analysis, this analysis looks at your future needs and resources to ensure that a disability to you or your spouse does not jeopardize your family’s financial health. It makes sense to protect your largest asset – your future earning power.
We then provide you with a report that clearly shows how much and what types of insurance (if any) you need to protect your family in the event of your (or your spouse’s) death, and your income replacement needs if one of you becomes disabled.
We’ll implement your Insurance Plan by conducting a detailed review of the marketplace and recommending the best-suited and most cost-effective insurance solution for you and your family. Our independence ensures that all available insurance products are considered for your plan. Product selection is also determined by length of your need for coverage. If your need is temporary, term insurance will most often be the solution. If your need is long-term or for life, permanent insurance will be most appropriate.
Your Insurance Plan should be updated at least once every two years to take into account your changing circumstances, or sooner if a major life change takes place, such as marriage, divorce, birth of a child, etc.
