Risk Management for Individuals
Identification and effective management of life’s risks are an important part of our wealth management process. Not managing these risks imperils all of the hard work and discipline in other parts of your financial life.
As an independent broker, your account executive and wealth management team can help you select appropriate life, health, disability and long term care policies designed for individuals and families.
It can be difficult to know just how much life insurance you need. Too little, and your family will suffer even more after losing you. Too much, and you’re paying premiums today with money that you could use for other purposes.
Our expert guidance can help you make the right decisions. You’ll gain the peace of mind that comes from knowing that your family is well protected financially, even after your death.
Did you know that at age 65 there is at least a 40 percent chance of entering a long-term care facility during your lifespan? What you may not know is that Medicaid does not pay for this type of care unless you deplete all your assets, leaving nothing to pass on to your loved ones.
A long term care policy can provide some peace of mind and the ability to cope financially with any future illness. The earlier you buy a long-term care insurance policy, the lower your premiums.
When you have to miss work due to illness or injury, the last thing you need is stress over how you will pay bills. We can recommend a disability program that will replace all or part of your income during the time you’re off work, so that you’ll be free to concentrate on your most important task—getting better.
With visits to the doctor climbing to $75 or more and even two-day stays in the hospital costing thousands of dollars, you really cannot afford to be without health insurance coverage. One bad accident or serious illness could put you in debt for years to come.
Health care insurance can be more affordable than you think. We can recommend a variety of plans for you to choose from, and will assist you in finding the one with the deductible and coverage options that are right for you and your family.
Annuities are powerful tools when used appropriately. Recent changes in tax law and innovative offerings have made annuities a more attractive tool for wealth accumulation and preservation. PSA’s annuity experts will guide you in determining the benefits of fixed and/or variable annuities and whether they are suitable for your overall investment strategy.
• Health