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Illness or Injury

Illness or Accident


The real test of any financial plan is how it protects you from the things that nobody expects. The possibility that a member of your family could suffer from an illness or injury is something you can never truly be ready for—but you can be prepared. We can help you create a plan that will enable you to handle whatever challenges life brings, without sacrificing the savings you've accumulated or the dreams you've been working towards.

Long-Term Care Insurance


Long-term care insurance can help make sure that you are taken care of in the event that you become unable to take care of yourself.

Is a long-term care insurance right for me? Here are the facts:

  • If you become inflicted with a chronic illness or cognitive impairment, a long-term care policy can help ensure that you maintain the best possible quality of life, while protecting your wealth from being depleted by the cost of care.
  • Long-term care insurance provides you with the means to pay for the assistance you need if you become unable to perform daily activities like eating, bathing, or dressing.
  • In the event that you require long-term care, the right plan can make sure you have access to a wide range of options, including in-home assistance, treatment in an assisted living facility, or access to a nursing home.

Trusts


A trust is an arrangement that organizes the distribution of wealth and benefits at the time of a person's death.

Is a trust right for you? Here are the facts:

  • A trust can be used to distribute wealth to family, friends, or charitable organizations. A well-organized trust can provide you with confidence that your assets will go to the people or causes that matter to you.
  • Under certain circumstances, a trust can be used to distribute the benefits of life insurance, annuities, or disability policies.
  • One of the most important decisions you will make in structuring your trust is choosing a trustee. This person will be responsible for ensuring that your wealth and benefits are allocated according to your wishes.

Disability Income Insurance


Disability income insurance provides protection against the loss of income due to serious injury or illness.

Is disability income insurance right for me? Here are the facts:

  • Disability income insurance will allow you to retain a percentage of your earned income, even in the event that you are unable to work due to serious injury or illness.
  • In most cases, you will not have to pay taxes on the benefits you are paid, when paid by the individual with after tax dollars.
  • Disability insurance is crucial for anyone who is an income provider for their family. This also includes single people, who do not have the benefit of a spouse to fall back on if they become unable to work due to serious injury or illness.

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