Insurance

Insurance is a means of protection from financial loss. It is a form of risk management. Disability insurance is a type of insurance that will provide income in the event of your inability to work due to an illness or injury. Your income is your greatest resource and most valuable asset and therefore it is critical to have income protection benefits in your financial plan.

Life insurance pays out a sum of money upon your death to those you have designated as beneficiaries. Life insurance tends to fall into two major categories: (1) coverage for a specific period of time - - term life insurance, and (2) permanent life insurance which is designed for lifetime protection and also offers wealth accumulation opportunities.

Both life and disability insurance have personal and business applications for protection and wealth strategies.