The purpose of life insurance is to provide money to your family after you die for income replacement and estate planning. The money your dependents will receive - the "death benefit" - is an important financial resource to help pay your mortgage, run the household, and ensure your dependents aren't burdened with debt. The proceeds from a life insurance policy could mean they won't have to sell assets (usually at a bargain rate) to pay outstanding bills or taxes. What's more, there is no federal or state income tax on life insurance benefits.

A long term care (LTC) insurance policy helps cover the cost of long term care, picking up where health and disability insurance leave off. LTC is for those that need help with daily activities such as eating, bathing or dressing over an extended period of time. LTC is generally provided in the patient's home, an assisted living facility, or in a nursing home.

Disability insurance is designed to replace from 45% up to 60% of your gross income on a tax-free basis should an illness prevent you from earning an income in your occupation.

If you own or belong to a business or organization with 2 to 50 people, chances are you qualify for a group health insurance plan. Besides providing medical care for yourself and your employees, a small business health insurance plan helps spread the financial risk between all the members, which usually means lower premiums and more extensive coverage for everyone.

Accounts Receivable Financing (ARF) puts a non-performing asset like receivables to work for you to make a considerable profit. Upon approval, lenders advance you funds to pay the premiums of an insurance policy, with your accounts receivable as collateral. The insured will pay nothing or a minimum amount out of pocket. The insured or the insured’s estate can later pay back the loan in a variety of ways. This is an advanced insurance product that is ideal for professionals such as doctors, lawyers, accountants, architects, and other small business owners. Please contact us for more information.

Premium financing matches you with a lender who will loan you the funds to pay the premiums on your life insurance. The monies can be repaid through interest payments and/or taken out of the policy’s death benefit. These policies generally work best for individuals over 70 years of age with an estate of at least several million dollars.