Life and Disability Protection: Strengthening Your Financial Foundation

Life and Disability Protection: watercolor treatment, concept of advocacy and activism

Secure Your Financial Future with Wise Choice Planning

Just as Maslow’s Hierarchy of Needs outlines the foundation for personal growth, your financial hierarchy of needs begins and ends with a solid protection portfolio. Life insurance is a unique financial tool that can complete your plan whether you live or die, creating the foundation upon which everything else is built.

Our Life and Disability Protection Services

At Wise Choice Planning, we understand that protecting your income and providing for your loved ones are crucial aspects of financial security. Our comprehensive life and disability protection services are designed to safeguard your financial future and provide peace of mind. Here’s how we can help:

Comprehensive Life Insurance Solutions

  • Personalized policy selection based on your unique needs and financial situation
  • Term life insurance for affordable, temporary coverage
  • Permanent life insurance options, including whole life and universal life policies
  • Hybrid policies that combine life insurance with long-term care benefits
  • Key person insurance for business owners to protect against the loss of essential employees

Disability Income Protection Strategies

  • Thorough analysis of your current income and future earning potential
  • Custom-tailored disability insurance policies to replace lost income
  • Short-term and long-term disability coverage options
  • Occupation-specific disability policies for professionals and specialists
  • Supplemental disability coverage to enhance employer-provided benefits
  • Business overhead expense insurance for self-employed individuals and business owners

Customized Protection Plans for Individuals and Families

  • Comprehensive risk assessment to identify potential vulnerabilities
  • Integration of life and disability insurance with your overall financial plan
  • Multi-policy discounts and bundled coverage options for cost-effective protection
  • Regular policy reviews and adjustments to ensure your coverage grows with your changing needs
  • Educational resources to help you understand and maximize your protection benefits

Our expert advisors work closely with you to develop a protection strategy that aligns with your goals, budget, and risk tolerance. We leverage our extensive industry knowledge and partnerships with top-rated insurance providers to offer you the best possible coverage at competitive rates.

Don’t leave your financial security to chance. Contact us today to schedule a complimentary protection planning session and take the first step towards a more secure future for you and your loved ones.

The Importance of Disability Protection

In the journey of life, unexpected events can significantly impact our financial stability. One often overlooked but critical aspect of financial planning is disability protection. This safeguard plays a vital role in maintaining your financial well-being when unforeseen health challenges arise.Let’s explore why disability protection should be a cornerstone of your financial strategy.

What Can Happen If Disability Strikes?

While we often focus on life insurance, disability protection is equally crucial. Consider this:

Today, income covers expenses, but…

Disability means lower income, higher expenses.

Debt Exposure
Disability Strikes
Income Expenses

Did You Know? According to a survey conducted by the American Journal of Public Health, nearly 60% of people who have filed for bankruptcy said a medical expense “very much” or “somewhat” contributed to their bankruptcy.

Source: American Journal of Public Health; March 2019

What Job Would You Choose?​

Job A

$150,000 Annually​

$0.00 if Disabled

Job B

$147,000 Annually​

Up to $117,600 if Disabled​

Why deplete your assets due to a disability?  Think of it this way, 2% of your income annually to guarantee 60% to 80% of your income. Statically 1 in 3 Americans will have a disability before age 65, with men having a 43% and women having a 54% chance of becoming seriously disabled. ​