Risk Management

High Net Worth Insurance and Risk Management

Insurance transfers the financial risk of some of life’s events to an insurance company. A sound insurance strategy can help protect your family from the financial consequences of those events. As financial advisors, our job is to help you not only identify these risks, but also determine ways to minimize them.

 


 

Some of the ways we utilize insurance in the financial planning process include:

  • Life: Considers income replacement as well as business succession funding and estate planning through a vehicle which may be income tax and estate tax free, if structured properly.
  • Disability: Protects your income in the event of your inability to work prior to financial freedom.
  • Long-Term Care: Provides financial support for Activities of Daily Living (ADL’s) in respite care, adult day care, in-home care, assisted living as well as nursing home care.