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Financial Planning Center |
Insurance Planning
Life Coverage Need
Like auto insurance coverage, it is sometimes difficult to see the true value of life insurance coverage until you actually need it. In the meantime, the only way you will feel comfortable with your life insurance policy is if you understand, and agree with, the reasons you bought it in the first place. There are many reasons for an individual to own life insurance coverage. Perhaps the most compelling reason is to purchase a death benefit which will provide for the financial needs of their survivors.
Term Life Insurance
Once you have determined that you need life insurance, and calculated how much coverage you require, you will have to choose between several types of life insurance policies. There are two very different types of life insurance contracts -- term and permanent. Term life insurance is often referred to as "pure insurance" because it involves only the payment of a premium in exchange for a promise to pay a death benefit in the event of your death while the contract is still in force.
Permanent Insurance
Once you have determined that you need life insurance, and calculated how much coverage you require, you will have to choose between several types of life insurance policies. There are two very different types of life insurance contracts -- term and permanent. As the name implies, permanent (cash value) insurance is best suited for the individual with a long term (often indefinite) need. A permanent policy is really a combination of "pure insurance" and an investment element.
Long Term Care Insurance
We have designed a Long Term Care site to address all of your concerns regarding long-term care and options for protecting your assets. Gilder Financial Management are experts in the field of Long Term Care Insurance. We represent a carefully selected group of financially sound, reputable insurance companies. We hope you will find our site helpful to you.
Auto Insurance
Anyone who has ever owned a car knows that automobile insurance is expensive. A recent survey conducted by the NAIC found that in 1990 the average annual premium for each car was $573.90. Understanding auto insurance is the first step towards ensuring that you have the right coverage at the best price.
Health Insurance
Without health insurance, a single illness can cause serious, and often irrevocable, financial hardship. Where most insurance coverages pay once a loss has occurred, health insurance has the added benefit of paying to keep your loss from getting worse. Health insurance is probably your most important coverage since it can be the difference between life and death.
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