Shopping for life & living benefits insurance can be a complex process because of the array of options and types of policies available. Trained insurance and financial advisors are invaluable in sorting through the maze. An advisor who is licensed to sell life insurance can work with you to find the best insurance plan to meet your needs and your budget.
Trust is the most important quality you should look for when choosing an advisor – someone who understands your personal and financial situation, and who you will feel comfortable working with.
Milestone works closely with a number of life insurance & financial services advisors, and can refer you to someone you can trust to help you keep the promises you make to your loved ones.
Life Insurance
If people depend on your income, life insurance can replace that income for them if something happens to you. This is not just important to parents with young children; it can also apply to couples if the survivor would be financially stricken by the income lost through the death of a partner, and to dependent adults, such as parents, siblings or adult children who continue to rely on you financially.
Insurance to replace your income can be especially useful if the government- or employer-sponsored benefits of your surviving spouse or domestic partner will be reduced after your death.
Living Benefits Insurance
Living benefits insurance is a unique but important type of insurance. It pays the benefit to you while you’re alive.
Some types of living benefits insurance are:
- disability insurance
- critical illness insurance
- long-term care insurance
- supplemental health care coverage (medical & dental)
- travel medical insurance
For more information about life insurance or any type of living benefits insurance or to help you choose a trusted advisor, please contact us.