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Protect Your Families Future with Insurance
You've spent years working hard to provide for your family and build your legacy. The next step in protecting them is to prepare for the unexpected. While this can be a difficult topic to address, you'll want to have a plan in place that allows your family to continue the life you've envisioned for them should something happen to you. Edward Jones offers many options to help meet your family's needs.
Long-term Care Insurance
As people live longer and longer these days, it's important to prepare for the possibility that you or your relatives may need long-term care assistance as you get older. Edward Jones understands the importance many families place on keeping all members under one roof, which is why we offer long-term care insurance plans that include options for care that can be provided in your own home. Having a plan to manage long-term care needs also can help you avoid having to rely on loved ones to cover the expense of your care, and protect your assets to provide for a surviving spouse or other family members.
Long-term disability is another significant risk to your financial health, and possibly to your family's future. A long-term disability insurance plan can be used as a source of income replacement if you must take time off from work due to a prolonged illness or injury.
To help protect against this risk, a potential solution could be to purchase an individual plan or supplement your existing employer plan to cover as much of your after-tax income as possible to last until you reach age 65.
Your untimely death could leave your loved ones without the ability to cover financial obligations, and therefore unable to live the life you want for them. Life insurance could be a potential solution to provide them with the necessary income.
To estimate how much life insurance you would need, you should start with your expenses and how long you'd need to replace your lost income. You should also take into consideration any debts to ensure coverage of items, such as a mortgage and future education expenses.
Set up a face-to-face meeting with me today to learn more about how to protect your legacy, and how these potential expenses will fit into your other financial goals. Call me at (616) 281-9026 or visit https://www.edwardjones.com/
Edward Jones: Mark Grooters