Insurance
Everyone is exposed to different levels of risk at various points in their lives. Managing those risks through the judicious use of insurance products is an integral part of any prudent financial plan.
The Legacy Group provides a comprehensive analysis of your insurance needs while developing recommendations to manage your insurance portfolio. We ensure that you have the appropriate products at the appropriate coverage levels to meet your goals. Acting as an independent broker, with access to hundreds of high-quality insurers, we facilitate the purchase of insurance coverage as necessary and closely monitor the plan through periodic reviews.
Proper use of insurance can protect the financial foundation of everything you do – from building your career or business to raising your family.
Are you adequately covered?
- Have your income, financial responsibilities or goals changed?
- Has your family changed in make-up or size?
- Have you purchased a new home or business?
- Are you providing greater financial help to aging parents or other relatives?
- Has your current coverage kept up with the effects of inflation?
- Do you have personal or business debt that must be paid if you die?
Insurance coverage, fine-tuned to your specific needs, is crucial for you and your family’s long-term protection.
Life insurance is an important part of a sound financial plan. When properly structured, it is one of the most tax efficient tools in our arsenal. There are many reasons for purchasing life insurance including:
- Providing family protection and financial security to surviving family members
- Covering a particular need such as paying off a mortgage or other debt upon death
- Paying estate taxes or other final obligations necessary to settle your estate
- Providing long-term care after retirement.