The protection of assets and income is often an important financial goal for clients. Along with strategies for your investments, retirement and tax & estate planning, insurance solutions help define your complete financial strategy. Whatever your stage in life, insurance can help you achieve your financial goals and ensure the security of your future. At David Cohen & Associates we can provide you with the expertise required to sort through the options available and decide what coverage is right for you.
Life Insurance
No matter what age or stage of life you are in, it is important to think about using life insurance as an estate planning tool. Although many people view estate and insurance planning as a distant concern, it is important to organize your financial affairs now to provide for your family in the future. Life insurance can provide your family with this protection and can also assist you with wealth preservation and the transfer of assets to those you care about most. We will show you how you can use life insurance to bypass estate and probate fees, avoid potential creditors and fund final expenses that would otherwise become a burden on your family.
Disability
Have you ever considered what would happen if you suddenly became ill or injured? How would you meet your financial obligations? How would you maintain your lifestyle without any income? As your ability to earn income is one of your most valuable assets, it only makes sense that you need to consider the proper protection. Without this protection, you could lose everything you've worked so hard to accomplish. That is why disability insurance is an important part of every financial security plan. Without this valuable protection, you and your assets are vulnerable.
Critical Illness
Do you have the financial resources to survive a critical illness such as heart attack, cancer or stroke? Surviving a critical illness or condition can turn your life upside down. It can affect you physically, emotionally and financially. It can also affect the people close to you - your spouse, your family, your business partner. By providing the insured with a one-time lump sum benefit, Critical Illness insurance can protect you during this difficult time in your life. Premiums can be paid monthly or annually and the tax free benefit can be used for personal, family or business needs such as:
