YOUR TRUSTED INSURANCE ADVISOR
LIFE
LIFE IS FULL OF CHOICES
Life is Full of Choices and Life insurance is one of the most versatile financial products that exists today.
Working with an independent agency that represents multiple carriers will ensure that you have the right policy for your unique situation.
If anyone depends on you financially, you most likely need life insurance.
​
The first step in finding the right policy for you is determining your need to purchase it.
Life Insurance for Life Transitions
Are you recently married? Starting a family? In a new home? Funding a college plan? Preparing to retire? Each new stage of life can bring uncertainty. Whatever stage you’re in, make sure your loved ones are protected and you have taken advantage of all the opportunities with the financial tools that are available to you.
PEACE OF MIND
Life insurance can offer peace of mind. If something happened to you today, would your dependents be taken care of? For financial peace of mind, life insurance provides a solution.
Life insurance can provide financial stability for your loved ones. There will be emotional trauma from the loss for sure, financial trauma can be avoided. The most obvious benefit to having a life insurance policy, is It provides peace of mind and is the best way to provide for a family once you are gone.
​
Suitability
The many different types of life insurance policies can be confusing, but the suite of products is a good thing, as you are likely to find one perfectly suited to meet your needs.
Whether you want to provide funds for your family to pay off the mortgage, for you to supplement your income in retirement, or to have a way to ensure your small business can continue, or protect what you have worked hard to build…you have options.
When you know more about the inner workings of life insurance, you can make more educated choices about the type of life insurance to buy and feel more comfortable with getting it.
An Independent Agency will work hard to find the best product, at the lowest cost.
Estate Planning
By allowing us to construct a custom insurance strategy for you, we can help safeguard who and what you care about while opening doors of opportunities for wealth accumulation.
A life insurance policy can be a key part of an effective estate planning strategy, both providing cash when needed and shielding assets you intended for your heirs from sizable estate taxes.
As an Independent Agent for Carlson & Carlson, Incorporated, my commitment to you is to provide a customized approach, with only your needs in mind, so together we can design the perfect solution to help you achieve your financial objectives.
HEALTH
PEACE OF MIND
FINANCIAL PEACE OF MIND
LONG-TERM CARE INSURANCE. The biggest thing that can derail a retirement plan is an extended health care event. Long-term care planning, is the cornerstone of many financial plans, and there are a variety of ways to fund it.
WHO? HOW? FUNDING? Have you planned for your future long-term care needs? Where do you want to receive care in the event? Majority want to be home to receive care. Who will provide the care?
According to the U.S. Department of Health and Human Services, approximately 70% of Americans turning 65 in the near future will require long-term care at some point.
There are different paths to choose. There is traditional, comprehensive long-term care insurance (premium based), and Hybrid policies (asset based) that combine long-term care and life benefits using life insurance or annuities. There are many benefits to the hybrid ie; return of premium, and payment options.
​
Long-term care insurance transfers financial risk, helps provide peace of mind, and gives you the power of choice: How you receive your care, when you receive your care, and who is providing your care.
What is long-term care exactly? Long-term care is ongoing assistance someone needs to do basic daily activities as the result of a chronic health challenge or cognitive impairment. These various home, community-based and facility services are generally not covered by private health insurance or government programs.
Long-term care is an event that occurs that causes you to need help with daily activities.
What have you allocated to pay for care?
If something happened to you tomorrow would be your current plan.
If you don’t have a plan your assets are your plan.
There are risks and benefits to Long-Term Care insurance. Let us review your current plan and make sure it’s suitable for your financial peace of mind.
business
CHARTING THE COURSE
​
PROTECT YOUR BUSINESS TODAY AND PLAN FOR WHAT LIES AHEAD.
It took a lot of hard work to get where you are today. We can help you through some simple steps to create a strategy and provide solutions to protect one of your most valuable assets.
There are several key issues to think about if you own a business, here is just a snapshot of a few:
FAMILY. BUSINESS. EMPLOYEES. RETIREMENT. TAXES.
Business Succession – Who? What? When? How? What is the Buy/Sell or transfer strategy you have in place? Is your buy/sell agreement current and funded adequately? Have you had a professional valuation of your business? Is it current? What if something happened to your business partner today? Where will a family member or business partner get the cash to purchase your business? Who will run your business after you?
Business Protection – Key person life insurance to protect your family, and disability insurance to protect your income.
Key Employee Retention – Supplemental benefits, bonus plans, deferred compensation plans for death, disability, or departure. Recruit, reward, and retain valuable employees.
Retirement and Transition planning – What’s your exit strategy? Who will run your business after you? How will you and a buyer agree on the value of your business? Have you created a bucket for tax-free retirement income.
Legacy and Estate Planning – Gift strategies, Private split dollar, Trust solutions, Charitable giving
Please let me know if you are interested in a business valuation/buy-sell review.