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disability risks agent

Risks of Disability

On: November 30, 2023

In: Disability Insurance, Finance, Financial Planning

The Risks of Disability

What are the risks of becoming disabled? Disability happens to more people, more often than you may think, and it lasts
longer too.Read More →

Your Greatest Asset

Your Greatest Asset

On: May 11, 2016

In: Disability Insurance, Finance, Financial Planning, Retirement, Retirement Income

Your Greatest Asset

Your ability to earn an income is your greatest asset. If that income is interrupted… even for a brief period… What would happen to your lifestyle?

Most people understand the need to insure themselves from theft, fire and the risk of death… But too often they are leaving an even greater risk totally unprotected, the risk of disability.Read More →

Why Disability Insurance?

On: July 22, 2015

In: Disability Insurance

Why Disability Insurance (DI)? Why Now? Why Disability Insurance (DI)? DI helps replace your income due to illness or injury. You may think you don’t need it or can’t afford it, but the facts say otherwise. One in four will suffer from a disability at some point in their lifetimes. For younger people, fifty percent of disabilities are caused by accidents. For older people, ninety percent are caused by illness or disease. Why Disability Insurance? Why DI Now? Financially, owning disability insurance makes sense. You’ve invested time and money into your career. Why not protect your income? When you own individual DI, you can takeRead More →

"The current fiscal policy is unsustainable. We are heading to a future where we'll have to double federal taxes or cut federal spending by 60%." David Walker, Comptroller General of the United States "The fate of the world economy is now totally dependent on the stock market, whose growth is dependent upon about 50 stocks, half of which have never reported any earnings." Paul Volcker, 1999, former Federal Reserve Chairman "My friends, there is good news and bad news. The good news is that the full faith and credit of the FDIC and the U.S. Government stand behind your money in your bank. The bad news for you, my fellow taxpayers, is you stand behind the U.S. Government." L. William Seidman, former head of the Federal Deposit Insurance Corp. (FDIC) "In coming decades, many forces will shape our economy and our society, but in all likelihood no single factor will have as pervasive an effect as the aging of our population." Ben S. Bernanke, Chairman of the Federal Reserve System "Because the Social Security trust fund does not consist of real economic assets, we are left to rely on the federal government's future decisions to either raise taxes, reduce spending or increase borrowing from the public to finance fully Social Security's promised benefits." Paul O'Neill, former Treasury Secretary "As a nation we have already made promises that we will be unable to fulfill." Alan Greenspan, former Chairman of the Board of Governors of the Federal Reserve System

How can life insurance help during retirement?

“Life insurance is a private contract between the owner and an insurance company. In exchange for a payment, the insurance company is legally obligated to provide you with benefits pursuant to the contract. Specifically, these benefits can be utilized to pay expenses for long term care, as a hedge against inflation, and as a regular, predictable, and reliable income stream for life.

It’s basically a private contract that allows you to have your dollars work harder.

The primary reason people buy life insurance is to protect their loved ones from loss, however perhaps it’s best kept secret is that it can be used to provide a steady, tax-free stream of income during retirement.

There are various types of life insurance: term, permanent, universal, variable and index. Each has its own benefits, and should be configured to fit your goals.”
~Barry Page