Planning for Future Risks
Insurance planning may not seem related to financial planning initially, but it’s an important part of protecting against potential risks. One or two unexpected situations can quickly derail a financial plan, so we help our clients secure policies to safeguard their assets – and loved ones – if life throws them a curveball.
Life insurance allows your family to meet immediate financial needs and maintain your quality of life in the event of unforeseen death. It’s a vehicle to cover a number of possible risks, and we’ll help analyze the cost and coverage options that are right for you.
With healthcare being a significant expense – especially as you age – long-term care insurance or Medicare planning is another way to protect your family’s financial future. Many people fear paying for a policy they might not use, but keep in mind that 52% of people turning age 65 will need some type of long-term care services in their lifetimes.
At DBHW Wealth Partners, we work with clients to determine their insurance needs and secure appropriate coverage for their unique situations.