Risk Management:
Life can be full of surprises. Some are good and some can be bad and unexpected. We help you protect against unexpected one.
Life Insurance -
Life insurance is normally obtained to protect a family or a business against an unexpected death which would result in a dramatic financial shortfall. Policies may also be purchased to cover Estate Taxes or a specific debt.
There are two main types of policies, Term Insurance and Permanent Insurance.
- Term Insurance normally comes in 5, 10, 15, 20, 25 or 30 year duration options. Term insurance is more affordable than Permanent in the earlier years, however, once the Guaranteed Period is over, the cost WILL increase dramatically. Passport Wealth will help you extend your coverage as long as possible while focusing on having the lowest premiums.
- Term Insurance - The NEW Kind of Term Insurance - These exciting policies are just like the normal term insurance policies, however, they also offer benefits for serious complications during a person's lifetime, such as cancer, heart attack, stroke, long term care situations and more. There are only a few companies that offer this new kind of term insurance.
- Permanent Plans can last till age 100 assuming you have enough Cash Value in the policy or if you obtain a Guaranteed Death Benefit feature. There are 4 kinds of permanent policies.
Finding the appropriate policy and company is not easy, however, we represent over 30 of the most competitive companies in the industry and we will expertly locate the most appropriate company to meet your specific needs!
We will be happy to provide you quotes and plan descriptions for you to compare all of the options. Please click below to contact us, ask a question and learn more.
Long Term Care
As we get older, the chances of needing assistance with the normal activities of life, increases dramatically. According to some estimates, the odds are that about 60% of Americans who turn age 65 may need long-term care services at some point.
Having a friend or family member act as a caregiver may not be a realistic option for everyone. Long Term Care Insurance can help by proving financial resources to pay for the care you may require and otherwise would not be able to afford.
The Long Term Care Insurance Market has changed dramatically in the last 10 years. Since we represent most of the major companies in the market, we can help you locate the appropriate plan for you.
We will be pleased to review all of the options with you.
Please click below to contact us, ask a question and learn more.