Critical Illness, Disability, & Life Insurance

Our advisors may recommend term or permanent insurance based on your needs.

Term Insurance

Provides protection for a predetermined time frame, usually renewing every 10 or 20 years, or in some instances up to 30 years at age 65. The insurance generally expires at age 75. This type of insurance is ideal for someone looking for short-term protection while keeping their premiums low.

Permanent Insurance

In the form of whole life or universal life policies, permanent insurance plans are designed to remain in force for your entire lifetime. This insurance is regarded as a personal or corporate asset as these policies include increasing death benefits and cash value accumulation, which creates equity within your policy. The premiums can be paid for life OR can be paid-up in 15 or 20 years.

Protect your assets and lifestyle if you get sick.

Critical illness insurance provides meaningful financial assistance due to a life threatening illness. This tax-free lump sum payment can be used in for anything, including:

• Supplement or replace your income if you or your spouse are forced to take time off work
• Reduce or completely prevent the accumulation of debt while you focus on your health and recovery
• Provide financial assistance for lifestyle changes or third-party support you may need
• Make smart decisions for treatment options that may have been financially unavailable without insurance

Supplement or replace your income if you are unable to work.

Disability insurance is designed to provide you with a monthly income stream if the event you are not able to perform your current job responsibilities. Coverage enhancement can include insuring potential future income and future cost of living adjustments. Our insurance advisors will help you determine which type and amount of coverage is appropriate for your needs.

Disability insurance plans can pay out based on a percentage of your current monthly pre-tax income.

A major difference between critical illness and disability insurance is the type of payout. Critical illness pays out in a lump sum, whereas disability provides regular monthly payments based on your policy.