Insurance Optimization
Protecting Your Loved Ones
It takes time and effort to build wealth, but it is easy to lose it. Even the most carefully laid financial plans can be shattered by accidents, lawsuits, medical crises, and other unexpected events. Life, property, and long-term care insurance are essential.
Insurance can help protect assets and provide income replacement if you or your family need it. Unfortunately, many people set up insurance policies early in life and then fail to revisit them as their personal situations and needs change.
A Customized Insurance Strategy That Protects Your Family
Collaborating with your Insurance Providers
We work collaboratively with you and your insurance agents to implement an insurance strategy. While insurance agents are driven to sell you coverage, our job as fiduciaries is to make sure that the coverage is necessary, cost efficient, and in your best interest.
Have insurance questions? We've got answers.
Once you make the decision to buy insurance, selecting the right insurance company and plan is extremely important. We can help you implement that part.
INSURANCE ANALYSIS
Insurance Planning Process
1
Risk Review
In reviewing each client’s overall situation, we attempt to uncover potential risks that could prevent the achievement of his or her goals. For each risk exposure, the key elements to consider are the severity and frequency of loss.
2
Determine the right strategy to reduce risks
It is critical to determine for each risk what strategy should be followed in order to address it. In this step of the process we decide how to respond to a threat or risk.
3
Purchase of insurance
Buying insurance is the process of transferring risk you cannot afford, or choose not to accept. In this step of the process, we decide to buy insurance.
