The most popular kind of insurance product on the market is life insurance. And for good reason. Life insurance is designed to a) create an estate or b) conserve an estate. In either situation, it allows you to create dollars when they’re needed the most. Life insurance plays an important role in maintaining a partner’s financial independence all the way to end of life.
Too many families end up in a situation where their best assets must be sold first. Imagine that you have an aggressive investment fund paying out 15% per annum. A great investment! But paying the capital gains tax due on the investment at end of life would require selling it. Why get rid of such a valuable investment when you can buy insurance dollars for pennies apiece?
Critical illness insurance is another product that’s quickly growing in popularity. The last thing you need when you’re sick and fighting for your life is to worry about providing for your loved ones. Critical illness insurance buys you the financial breathing room you need to get better.
At Wernham Wealth Management, our role is to make sure you have the products you need to guarantee the security of your family, to conserve your estate at end of life, and to guarantee that money will be available to provide for your care. These might include life insurance, critical illness insurance, disability insurance or other products.
Since we have a very good idea of your assets, your retirement strategy and your needs, we can ensure that the amount of coverage and cost fit your needs and your circumstances perfectly. We are multi-company licensed, which means that we can provide truly independent, impartial insurance advice.
To discuss your personal insurance needs, please contact our office to arrange a consultation. Simply call 519-670-3177 or email [email protected].