Key person insurance is life and/or disability insurance owned by a business on a key employee. The business pays the premiums and is the beneficiary of the policy. It is considered a risk management strategy, important for small businesses, when the loss of a key person could result in a catastrophic loss for the busi [...]

Generally speaking, sometime between your late 50's and age 65 is a good time to consider an important question for your retirement planning. When does protecting your assets (long-term care insurance) become more important than protecting your income (disability insurance)? Disability insurance is designed to protect [...]

You’ve spent over 40 years saving for your retirement to make sure that once you are retired you can live comfortably. Then all of a sudden you suffer an illness or injury and you need help with your daily life. Before long the nest egg that you spent so much time working on is unable to support you. What if I told y [...]