Do I need Long Term Care insurance?
So, I have this annuity…
Can you take a look at this policy I have…
Do I still need life insurance?
We often hear these statements and field these questions from our clients. At GBB, our objective is to help you understand what financial risks your estate can absorb, while identifying when you need to consider leveraging an insurance company to help reduce the risk of not meeting your financial objectives if peril strikes.
financial risks that could derail your financial success:
The biggest risk our clients face is living to age 108. One of the most important, and sometimes misunderstood retirement risks, is your longevity – that is, how long you might live. This is different from your life expectancy, which is how long someone of your age, gender, and health would be anticipated to live on average. There is still a significant chance that you will live for many years beyond the average, and you should consider this possibility when planning your retirement.
Low probability of occurrence but potentially devastating for young families and early growth-cycle organizations. Address with a low-cost term life insurance product. Term life insurance is a commodity, so brand is not of importance here, so stay focused on identifying the right amount of coverage and length of time needed. We believe that life insurance is used to fund the temporary lack of resources to pay long term debt obligations and replace income of key earners.