Life Insurance
Term Life insurance Quotes
Term Life Insurance provides death-benefit protection for a stated time period with a level premium payment. Term periods may be 10, 15, 20, 25, 30 years, depending on the carrier.
- Cover a larger, temporary risk
- Low-cost, flexible product that may be convertible as needs change
- Level premium payments
Contact us to run term life insurance quotes for you. LPL Insurance Associates offers a variety of fixed and variable insurance products for our clients through selling agreements with the most competitive insurance carriers.
Life Insurance Gap Analysis
When considering additional insurance, it can be useful to look at how some key numbers compare with and without that insurance. Let us run a life insurance gap analysis report to determine if you and your family are adequately covered.
Disability Gap Analysis
This analysis reflects the cash flow gap created by a disability event as well as the potential insurance solution to cover all or part of that gap.
Disability Wealth Effect
The true cost of a disability is not limited to the lost income from being unable to work or any extra medical costs. There is also an opportunity cost resulting from not being able to invest and grow any of that money. This report looks at the overall wealth that could be lost due to a disability event.
Long-Term Care Insurance
What is Long-Term Care?
Long-term care (LTC) goes beyond medical care to include all the assistance you could need if you ever have a chronic illness or disability that leaves you unable to care for yourself for an extended period of time (longer than 90 days). While older people generally require the most long-term care services, a young or middle-aged person who suffered a debilitating illness or accident may also require care.You may require long-term care due to:
- Dementia/ Alzheimer’s
- Stroke
- Complications with diabetes
- Other chronic conditions
Annuities
People are living longer than ever before.
Over the last 40 years, the average life expectancy has increased by more than 10 years. In fact, statistics show that for a 65-year old couple, there’s an almost 20%1 chance that one of them will live to age 95. This is all good news, however, the implication for today’s retirees is that they need to plan carefully with the future in mind.
The traditional pension is going away.
Today’s investors are facing retirement income planning challenges that simply didn’t exist 20 or 30 years ago. Unlike previous generations who had the luxury of having their retirement funded by guarantees made by employers and/or the government, the assets you’ve accumulated in your 401(k) or Individual Retirement Account (IRA) could be your most important source of retirement income.
1 Source: http://www.oecd.org/newsroom/