A large part of creating a successful financial plan is protection. You may want to protect the things that you care about or cannot afford to lose. You may want to protect the people who rely on your support. You can assume the risk, avoid or minimize the risk, or insure the risk. We can help you evaluate your choices. If this leads to insurance, we can help you select a policy. By partnering with Ash Brokerage, we are able to navigate through a large selection of insurance companies to produce highly rated and price competitive policies to fit your needs. We can assist with life insurance, long-term care insurance, disability insurance, and annuities. To learn more about each, please visit the sections below.
Insurance and retirement solutions can get complicated, which is why we have a strategic partner we trust. Just like us, Ash Brokerage puts people first. With Ash's help, families get the financial stability they need in the wake of tragedy. Businesses keep the doors open after the loss of an owner. Children keep visiting their aging parents out of compassion, not the necessity to provide care. Every day, we work together to make those results more common. When we need a product solution, Ash leverages its relationship with more than 80 top-rated insurance carriers to find the best fit. And they do it with integrity, based on what's right for you. Whatever the question, whatever the need. —Ash Answers.
When planning for the future, many people focus on saving for retirement or putting aside money for large goals like college tuition and debt payments. But do you have a contingency plan if something happens to you or your partner? When you survey your financial condition, reviewing life insurance should be an integral part. There are many different types of insurance to choose from and deciding what kind and how much insurance to get can be overwhelming. We are here to help you wade through the many different factors that must be considered when making these important decisions.
Life insurance can be focused on many goals including the traditional ones that provide support for your family including income replacement and funds to pay off outstanding debt, college expenses, and/or funeral costs. Above and beyond those traditional goals, insurance can also be used for its ability to maintain a cash value that grows as an investment, supports business succession planning buy/sell agreements, and have the ability to provide flexibility as your goals in life change.
Contact us today to discuss which type of insurance may be appropriate for you.
As many of our clients see their parents, friends, spouses, and other loved ones benefit from long-term care in many of its forms, they also see the financial burden a lack of insurance can cause. There is a lot of hesitation around traditional long-term care insurance due to potentially increasing premiums and loss investment if you purchase the insurance but never use it.
Traditional long-term care insurance has transformed significantly to better meet the needs of those seeking protection in the current market. By providing the ability to pay a one-time lump sum or guaranteeing a fixed premium, the uncertainty of the future cost is erased. The products available now in the long-term care market are considered “hybrids” because they also act like life insurance and provide a death benefit if you never need to use the long-term care benefit.
Long-term care is not defined only by nursing homes but many other additional services including home health care, adult day care, assisted living, caregiver training, hospice services, and more. Long-term care is required when you are unable to perform two of the six Activities of Daily Living (ADLs) on your own. The ADLs are eating, bathing, dressing, transferring, showering, and using the bathroom. In addition to the ADLs, long-term care is often needed in cases of declined cognitive health, such as dementia or Alzheimer’s.
Medicare and Medicaid do not cover all costs associated with long-term care and cannot be relied upon as a strategy to combat the high costs of care. Contact us today to learn more about what long-term care insurance is right for you.
How much do long-term care related services cost? Please visit the below link to access Genworth’s Cost of Care Survey.
"For 16 years, Genworth has tracked the cost of care nationwide to help families understand long-term care costs. Since 2004, the Cost of Care Survey has become the foundation for long-term care planning. The 2019 survey covers 441 regions and is based on data collected from more than 15,178 completed surveys conducted by Carescout®. View Understand Key Findings and Methodology
The cost of care services varies by location, type of care service, who provides the service, and when the service is provided. These easy to access, view, and downloadable tables show the Cost of Care 2019 national and state median rates for home care and facilities. View National and State Data Tables
Over the past 16 years, Genworth has uncovered several trends across the long-term care services landscape. Not surprisingly, the cost of all types of care has steadily risen over the years—from homemaker services to nursing home care. Discover Trends & Insights including the most expensive and least expensive areas for care in 2019 and get a glimpse into what the cost of long-term care may look like in the future.
©2020 Genworth Financial, Inc.
What would you do if you were injured or sick and unable to perform the duties of your job? Many employers provide either short-term disability, long-term disability, or a combination of both as part of their benefits package. What many employees do not realize is this may not be enough to cover your regular expenses in the event of an absence from work. If you have high fixed monthly expenses, ensuring you have enough disability insurance (DI) to cover those expenses is very important. DI has the potential to cover you in the event that you are unable to perform the duties of your current job, whatever they may be. We can help you review insurance policies available to you through work and see if it covers your needs. If not, we can assist in finding an additional policy to fill the gap.
Annuities can be a powerful tool when crafting your retirement plan however they are not the right choice for everyone. The truth is, annuities are kind of like snowflakes. There is such a vast variety of features that each one offers, that it is difficult to find two that are exactly the same. Whether you already have an annuity and are looking for someone to review it or want to learn more about it as an introduction, we are happy to have this discussion with you.
Annuities are long-term, tax-deferred investment vehicles designed for retirement purposes. Guarantees are based on the claims-paying ability of the issuer. Withdrawals made prior to age 59½ are subject to a 10- percent IRS penalty tax, and surrender charges may apply. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. The investment returns and principal value of the available subaccount portfolios will fluctuate, so the value of an investor’s unit, when redeemed, may be worth more or less than the original value. Optional features available may involve additional fees.
Fixed insurance products and services offered through CES Insurance Agency.