|Life Insurance– Life insurance protects against the loss of income that would result if the insured passes away. The named beneficiary receives the proceeds and is thereby safeguarded from the financial impact of the death of the insured.
Long Term Care– Long term care insurance can pay some or all costs of nursing home care for qualified insureds. Premiums are based on the age of the applicant and are projected to remain stable for the life of the policy. Premium payments stop when the insured meets the qualifications for long-term care, which include medical necessity, cognitive impairment, and inability to carry out certain activities of daily living.
Disability Insurance – This is an Insurance policy that pays benefits in the event that the policyholder becomes incapable of working.