Protecting What’s Important To You
Proper life insurance planning is a vital part of protecting your loved ones and assets. Everyone has a unique and individual need for Life Insurance. For some, the need may be greater depending on the number of dependents, lifestyle, or medical history.
At O’Kane Financial Group, we work with our clients to complete a needs analysis in order to determine the proper amount of coverage for our client’s individual situation. For short term needs, the most economical solution is term insurance while for final expenses or estate planning purposes, permanent insurance is often the way to go. Once we complete a full needs analysis, it is our duty to come up with solutions based on needs while also keeping a client’s premium budget in mind.
Financial Protection For Your Heirs
Life Insurance plays a large role in Estate Planning as it can help ease the tax burden for heirs who acquire the estate of a parent and need the funds to cover the final tax bill. Life Insurance can also help by providing for dependents or covering debts such as a mortgage.
Financial Protection For You
Critical Illness Insurance is also a very important product to consider for your risk portfolio. With the rise in cancer, heart attack, and stroke – Critical Illness Insurance has become a staple recommendation for many people as it can be a way to ease the burden for you and your loved ones. In the event that you are diagnosed with a serious illness or suffer a devastating injury, Criticial Illness Insurance allows you to take time off of work or go to another facility where you may need to pay for additional care.
Critical Illness Insurance provides a tax free payout to use in any way that you see fit. Many Critical Illness products also have the option of adding a Return of Premium Benefit. This allows you to receive all or a portion of your premiums back if the benefit is never used for an actual Critical Illness claim.