Insurance

Insurance is essential to any comprehensive financial strategy. If tragic events like death, disability or critical illness strike, insurance can protect you and your family from undue hardship. Some life insurance policies also provide tax-advantaged savings that you can draw on to achieve goals like buying a house or retiring comfortably.

I have access to a variety of insurance products that can help meet your financial needs. No matter your personal situation—if you're single or in a family; a professional or a seasonal employee; an executive or small business owner—we will work together to design a customized strategy.

• Life
  
• Long-term care, disability income, critical & chronic illness
  
• Group health benefits

In the event of death, life insurance offers surviving family members increased financial security. As a tax-free lump sum payment, it can pay for final expenses and debts, as well as provide income for the deceased's dependents.

The advantages of life insurance include:

• An instant estate for your loved ones at a time when funds are most needed
  
• Death benefits that are almost always non-taxable for named beneficiaries
  
• Avoid probate costs if you name a beneficiary other than your estate
  
• Potentially offer your loved ones creditor protection through some life insurance plans
  
• Living Benefit Term Life Insurance for Critical, Chronic, Terminal illnesses
  

I can help you select coverage from a variety of life insurance options to meet the needs identified in your financial strategy.

Life insurance can play a vital role in your financial strategy - contact us today to find out how.

Help protect one of your most valuable assets – your income – from unexpected events through long-term care, disability, critical, chronic illness insurance.

Long-term care and disability income insurance
Income is important for both current financial obligations (e.g. grocery bills and mortgage payments) and for future financial security (e.g. planning for your children's education or for retirement). Just think what might happen if you suddenly lost your income stream through a long-term illness or disability.

Long-term care and disability income insurance products help protect your ability to earn an income, which can be affected if you are afflicted by a disability or other condition.

I can help you choose the long-term care and disability income insurance products that provide advantages like:

• Helping maintain your financial independence, lifestyle and long-term financial security in the event your income is impacted by disability
  
• Assist with paying fixed expenses for your business if you become disabled
  
• Support the buy-out of a disabled partner's share of a business
  

I can help you tailor your financial strategy so it protects your income through long-term care and disability income insurance. Contact us today to find out how.

Critical & Chronic illness insurance
Suffering a critical illness is distressing for both you and your family. Help ease the burden through insurance that will reduce financial stresses and can complement disability income and life insurance protection needs. By helping pay for the additional expenses often associated with a critical illness or condition, insurance offers you, your family, and if applicable, your business, added financial security—so you can focus on recovery.

The advantages of critical & chronic illness insurance can include:

• Coverage for up to 22 critical illnesses or conditions
  
• Home-care costs during illness and recovery periods
  
• Even if you're not disabled from working, you may receive payment
  
• The ability to provide a return of premium benefit (optional)
  
• Individuals who cannot obtain disability insurance in some cases still qualify for critical illness coverage (e.g. a non-income earning spouse)
  
• Refer to Flex LB Term And Dave's Story YouTube on the Home page for an explanation.
  

Contact us today to determine whether Critical & Chronic Illness Term Life Insurance fits into your financial security plan.

In today's working environment, valued employees are looking for more than financial compensation. They also want an employer who supports their health, and the health of their families.

For this reason, either by itself or paired with group insurance products, consider attracting and retaining employees with group benefit plans. Group benefits help make employees more efficient, productive, and happy. Employers also gain tax benefits, such as premiums that are deductible as a business expense in some cases.

Flexible plans offer employers and employees cost-effective, customized ways to address their needs. Choose from an array of benefits like:

• Group life insurance
  
• Group long-term disability insurance
  

Contact us today to learn more about benefits products and services that fit the needs of your business. www.bookmichaeltgroves.com