Financial safety for your family
Annuities, Life, Health, Disability, and Long-Term Care Insurance
PSA, a Hilb Group Company, can provide an array of options to protect your health, safeguard your income, and help sustain your earning ability so you can provide your family with the financial security and long-term financial protection they deserve.
Annuities
Many of us look back and wish we had the good fortune to be included in a rich defined benefit pension plan from years past. Rare today, pension plans were employer-provided retirement benefits that, unlike a 401(k) retirement plan, never exposed an individual’s nest egg to market losses and served as a valuable supplement to a broader retirement income and wealth management strategy.
While most of us never had the opportunity to participate in an executive pension plan at a large corporation, there is still a way to create guaranteed retirement income through a Fixed Index Annuity. This insurance-based retirement solution offers flexible terms, typically ranging from 5 to 10 years, and allows you to invest a lump sum with guaranteed minimum growth while also providing the opportunity to participate in market-linked gains tied to the S&P 500 Index, without direct market risk.
A Fixed Index Annuity can help reduce retirement income volatility, protect principal, and serve as a personal pension alternative within a diversified financial plan.
Life Insurance
Determining how much life insurance coverage you need can be challenging. Too little coverage may leave your family facing financial hardship, while too much coverage can result in premium costs that strain your current cash flow.
Our goal is to help you secure the right life insurance policy—whether term life insurance, whole life insurance, or permanent life insurance—that aligns with your income, debts, long-term goals, and evolving financial responsibilities, both today and in the future.
Long Term Care Insurance
The right long-term care insurance policy can provide peace of mind by helping cover the cost of future care needs, whether you receive care at home, in an assisted living facility, or in a nursing home.
Long-term care planning helps protect your assets, preserve your retirement savings, and reduce the financial burden on loved ones, ensuring you maintain independence and dignity while addressing potential healthcare and elder care expenses.
PSA Pro Tip
Long-Term Care Considerations for Retirement
When planning for retirement, many people use Long-Term Care insurance to protect against care needs destroying their nest egg. What does it cover and is it right for you?
Disability Insurance
Missing work due to illness or injury can result in cash flow challenges that impact your ability to cover expenses. We can recommend a disability program that offers replacement for all or part of your income during the time you are unable to work, so you’ll be free to concentrate on your most important task—getting better.