Protect What Matters Most

The amount of life insurance you need depends on several factors including your income, debts, dependents, and financial goals. A common rule of thumb is 10-12 times your annual income, but this varies significantly. We conduct a comprehensive needs analysis considering your mortgage, other debts, children's education costs, spouse's income, existing savings, and final expenses. For example, if you earn $100,000 annually with a $300,000 mortgage and two young children, you might need $1-1.5 million in coverage to ensure your family can maintain their lifestyle and achieve their goals.

The choice between term and permanent insurance depends on your needs, budget, and goals. Term insurance is ideal for temporary needs like mortgage protection or income replacement while children are dependent - it provides maximum coverage at the lowest cost. Permanent insurance (whole or universal life) is better for lifelong needs like estate planning, business succession, or if you want to build cash value. Many people start with term insurance when coverage needs are highest and budgets are tight, then add permanent coverage later for estate planning purposes.

Health insurance covers medical expenses, but disability insurance replaces lost income when you can't work. Your ability to earn income is likely your most valuable asset - worth millions over your career. Disability insurance ensures you can continue paying your mortgage, utilities, groceries, and other living expenses if illness or injury prevents you from working. Statistics show that a 25-year-old has a 1 in 4 chance of becoming disabled before retirement. Social Security disability benefits are limited and difficult to qualify for, making private disability insurance essential for income protection.

The best time to purchase long-term care insurance is in your 50s or early 60s when you're still healthy and premiums are more affordable. About 70% of people over 65 will need some form of long-term care, with average costs exceeding $50,000 annually for nursing home care. Medicare doesn't cover long-term custodial care, and Medicaid requires spending down most assets first. LTC insurance protects your retirement savings and provides dignity of choice in care options. If you have significant assets to protect or want to ensure care options without burdening family, LTC insurance is worth considering.

Yes, many people with health conditions can still obtain life insurance, though it may cost more or have modified terms. Insurance companies evaluate risk individually, considering the specific condition, severity, treatment, and control. Some conditions may result in higher premiums, while others might require waiting periods or coverage exclusions. There are also guaranteed issue and simplified issue policies available for those who can't qualify for traditional coverage. We work with multiple insurers to find the best options for your situation and can help navigate the underwriting process to maximize your chances of approval.