Critical Illness or Injury Insurance
Critical injury insurance pays a lump sum benefit to the insured person upon suffering an initial diagnosis of a list of medical conditions. These include heart attack, stroke, cancer, advanced Alzheimer’s Disease, or a major organ failure. Partial benefits are paid for coronary bypass surgery and angioplasty.
​
Determine a lump sum benefit amount that suits your family’s income needs. Pick a smaller amount to offset your medical out of pocket expenses or a more significant amount if you may need income replacement. Use your benefits to hire domestic help or childcare, to pay for necessary home modifications or for whatever you see fit. Benefits are paid directly to you, not to your health insurance carrier or medical provider.
Accident Insurance
Accident Insurance is there to lessen the financial burden of life’s everyday mishaps. Whether you throw out your back gardening or your child skateboards his way into the ER, a supplemental accident insurance policy can annually reimburse you up to $15,000 of your out of pocket medical expenses.
​
-
Benefits are paid regardless of whether you have health insurance or not.
-
Benefits are paid directly to you – not to your doctor, the ER or the urgent care center you visit.
-
Receive reimbursements for the following types of services – ambulance services, ER or urgent care center visits, out of network surcharges, surgery charges, ongoing physical therapy, diagnostic exams such as CT scans or an MRI, and many more.
-
This type of insurance is guaranteed issue which means there is only a simple application to complete and no medical exam or information requests of your doctor are necessary.
Disability Insurance
Disability Insurance is paycheck protection. What does this mean? Well, in short, it means that if you lose your job due to health or accident, you will have an income source from your disability coverage plan. Your health insurance may cover the “repair” or care of your body, but it does not cover the possibility of not being able to work to support yourself or your family. Disability Insurance has 3 moving parts to determine your premium.
​​
-
How Much: Purchased in increments of $1000, how much insurance do you need. Cover your rent or mortgage if you have savings you can draw on or cover all of your bills if need be.
-
When: This type of insurance has an exclusion, or waiting period, embedded in the plan. The longer we can wait to receive our benefits, the less the plan costs. Waiting periods can be between 0 to 90 days for an accident or illness.
-
How Long: Policies can provide coverage for as little as 3 months and up to age 65 per incident.
Life Insurance
Nobody would willingly leave their family without the means to pay for housing payments or other life necessities. Yet so many bread winners are without adequate life coverage.
The good news is that Life Insurance is typically not expensive yet provides peace of mind when it comes to caring for your family.
​​
Term Life Insurance – Simplest form of family or mortgage protection.
-
Level Death Benefit throughout the life of the policy.
-
Premiums do not change throughout the life of the policy.
-
Purchase a Term (length of the policy) that equates to getting your children through college, the length of your mortgage or to retirement age.
Simple medical exam is required for policies greater than $250,000.
Return Of Premium Term Life Coverage
-
All of the benefits of Term Life, but upon surviving / outliving your policy, your Premiums are returned to you tax free.
Permanent Life Insurance
-
Permanent Life Coverage builds Cash Value that can be accessed tax-free to be used for college tuition or augment retirement income while constantly maintaining a death benefit to financially protect your beneficiaries.
