• Protecting Your Family

    You’ve worked hard to build a solid financial footing for your family.  Should unforeseen events occur and you aren’t adequately protected, it could lead to broken dreams and financial ruin. 

    With life’s uncertainties and so many options to consider, evaluating insurance needs to protect your family is an important part of your total financial strategy. Following a well-reasoned, professionally crafted plan can help secure your financial well being and bring peace of mind.

    Some risks insurance can mitigate are;

    Replace the income your family depends upon in the event of your death

    When you die, who will you leave behind? How will they survive without your income? The mortgage and other bills still need to be paid. College plans need to be funded. Things your income currently pays for won't go away if something happens to you.

    Protecting your estate from onerous estate taxes.

    This is especially important when transferring a family farm, business or other tangible asset from one generation to the next.

    Cover healthcare costs should you develop an acute or long-term illness

    Everyone is concerned with rising and unpredictable healthcare costs. Planning for future healthcare expenses is an important part of any retirement/estate protection planning. You have many options to consider. Determining which best suits your specific needs is crucial to the quality of care you will receive.

    How do you know if you have enough of the correct coverage?

    When considering insurance, it is important to know both the amount and type of coverage you need. This depends on the specific risk(s) from which you are seeking shelter. Coverage decisions should be a part of your total financial strategy. A professional review of your total financial condition is a smart place to start.

    It's a good idea to review your insurance needs annually - more often if significant changes or life events occur. Life events that can trigger a need to re-evaluate coverage include;

    • Birth or adoption of a child or grandchild
    • Change in marital status
    • Job change

    Central Investment Advisors offer financial planning, investment and insurance advice from knowledgeable financial advisors.

    How do I get started?

    The first step toward reaching your goals is finding the right advisor to help get you there. That’s why we offer no-obligation initial consultations. These meetings provide an opportunity for you to get to know the person who will be advising you, and just as importantly, for us to get to know you.

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