Insurance PlanningServices
Long-Term Care Insurance
Protect Your Financial Security
Long-term care insurance is designed to help protect your financial security and preserve your savings in the event that you need extended care due to chronic illness, disability, or age-related conditions. Unlike traditional health insurance, which typically covers short-term medical care, long-term care insurance can help pay for services such as in-home care, assisted living, adult day care, or nursing facility care.
By planning ahead with long-term care coverage, you can reduce the financial burden on your family, maintain greater independence, and retain flexibility in choosing the type and location of care.
Policies may offer a range of options, including coverage for home modifications, caregiving support, and respite care for family members.
Long-term care insurance can also be an important tool in overall retirement planning. It helps protect assets from being depleted by care costs, preserves your ability to leave a legacy, and complements other retirement income sources. The right policy depends on your health, age, financial situation, and personal care preferences, and working with a qualified professional can help ensure your plan aligns with your long-term goals.
Coverage, benefits, and premiums vary by policy and insurer.
Disability Income Insurance
The Value of Insuring Against Life’s Risks
Many Americans lack essential coverage: nearly 57% have no short-term disability insurance, 65% lack long-term disability coverage, and 48% have no life insurance. Even auto and home insurance gaps exist.1
Insurance may not feel exciting—like a sturdy roof versus new landscaping—but helps protect against financial storms. Life’s uncertainties, from accidents and property loss to disability or death, can create significant financial strain.
While some insurance is required, optional coverage like life or disability helps safeguard your wealth and family’s future. Premiums are an investment in protection, not a financial “loss.”
Insurance costs and availability depend on age, health, and policy type. Guarantees rely on the insurer’s ability to pay claims.
1. BLS.gov, 2023
Life Insurance
Term vs. Permanent Life Insurance
Many Americans lack adequate life insurance—average coverage replaces just 3.5 years of income, far below the recommended 7 years. Without sufficient coverage, households could face financial difficulty within months of a wage earner’s death.1,2
Term life insurance provides a death benefit for a specific period (10, 20, or 30 years) without building cash value. It is generally more affordable, making it useful for short-term financial needs like college expenses.
Permanent life insurance remains in force for life if premium payments are made and accumulates cash value over time. It is often used for long-term goals, such as estate planning or wealth transfer.
Many individuals benefit from a combination: permanent insurance for long-term needs, supplemented by term coverage for temporary expenses. Costs and availability depend on age, health, and policy type, and guarantees rely on the insurer’s ability to pay claims.
1. ACLI.com, 2025
2. BLS.gov, 2025.
Fixed and Variable Annuities
A Steady Retirement
Annuities are financial products designed to provide a steady stream of income during retirement, helping protect against the risk of outliving your savings. They can also offer tax-deferred growth, giving your investments more time to accumulate without immediate tax consequences.
Fixed annuities provide a guaranteed rate of return and predictable, stable payments. They are well-suited for individuals seeking certainty and security, as the insurer assumes the investment risk. Fixed annuities can be structured to provide income for a set period or for the remainder of your life, offering financial confidence and stability in retirement planning.
Variable annuities, on the other hand, allow you to invest in a selection of underlying portfolios, such as stocks and bonds, for the potential of higher returns. Payments vary depending on the performance of these investments, so there is greater growth potential—and greater risk—compared with fixed annuities. Many variable annuities offer optional features at an additional cost, including lifetime income guarantees or enhanced death benefits, providing flexibility and additional protection for long-term retirement goals.
Choosing between fixed and variable annuities depends on your risk tolerance, retirement income needs, and investment objectives. Working with a financial professional can help determine which type—or combination—best supports your financial security and retirement lifestyle.
Annuities involve investment risks, charges, and expenses, and guarantees are subject to the claims-paying ability of the issuing insurance company.