Having life insurance is an extremely important part of your comprehensive financial plan. You never know when something might happen to you and it is designed to protect your family and other people who may depend on you for financial support. Life insurance pays a death benefit to the beneficiary of the life insurance policy. Over the years, life insurance has also evolved to provide options for building wealth or tax-free investments.
We offer a full array of great insurance options to provide you, your family and your business with a secure financial safety net. Contact us today to get a free life insurance consultation from Phoenix Asset Advisors.
TYPES OF INSURANCE
Life Insurance: Life insurance can be crucial in protecting loved ones and dependents from the burden of significant debt by providing financial security. For business owners, it can provide a cash infusion to your business to meet ongoing business expenses and obligations.
Long-Term Care Insurance: While most of us tend to focus on developing a retirement plan or having an estate plan, the possibility of needing long-term care due to a prolonged illness or disability is often overlooked.
Without long-term care protection, the expenses can often drain a person’s finances. By preemptively protecting your hard-earned assets, you can help keep family members out of debt and secure your future independence.