Broker Check

Personal Risk Mitigation

One of the most difficult challenges in life is planning for “unforeseen” events. As part of their strategic planning process, many corporations create contingency plans. Why don't families follow the same steps? Typically, they are just too busy with their day-to-day activities. And, often, discussions about risks involve unpleasant topics.

The goal of personal risk management is straightforward: to understand the risks that could prevent you from meeting your goals and the options for addressing those risks, and then create strategies to minimize their impact.

Our services in this area include, but are not limited to:

  • Properly review and choose employee benefits so they are consistent with your financial plan
  • Make sure that the insurance companies you select are and remain financially healthy
  • Help you understand insurance company ratings so you can select an insurance product from an appropriate company
  • Understand the different types of life insurance and the most appropriate type(s) for you to purchase
  • Make sure that your spouse and children won't suffer and will remain financially on track if you predecease them
  • Maximize your available choices when long term care is chosen
  • Make sure you can pay for long term care when your spouse or you need it
  • Minimize potential costs of health care after retirement when you no longer have employer-provided health insurance
  • Minimize the impact of a short or long term disability on your family's financial goals