Annuities provide safety and guarantees, as well as “lifetime income” for policyholders. After the policyholder has paid into the annuity for a period of time, they will begin to receive regular payments that will be a steady stream of income to supplement their Social Security. Also, annuities have great tax benefits. Benefits are tax deferred until the policyholder starts withdrawals.

A Medicare Supplement policy is senior health insurance sold by private companies to expand health coverage for seniors where the Original Medicare Plan coverage falls short, such as co-pays and deductibles for doctor visits, hospitalization, and other medical services. Seniors pay a monthly premium but have few additional out-of-pocket expenses.

Medicare Advantage Plans are health care options that are a part of the Medicare program. By paying their Part B premium, a beneficiary becomes eligible for Medicare Advantage plans. Many times consumers receive extra benefits not covered under Original Medicare.

These health plans provide supplemental benefits such as insurance for cancer, heart attack/stroke, and hospital indemnity. The benefits are paid directly to the policy holder to provide immediate benefit and lessen financial strain.

DVH insurance provides benefits for services such as preventative care, routine checkups, crowns, and implants. It also covers eye and hearing exams, eyeglasses or contact lenses. Policy holders can take advantage of these services with a network provider of over 200,000 credentialed providers.

Long-Term/Short-Term Care provides additional coverage for both medicare and non-medical services. Unlike Medicare, LTC/STC helps pay for costs associated with daily living activities that are usually provided in a patient’s residence, nursing home, or assisted living facility.

Final expense insurance, also know as “burial” or “funeral” insurance, is a Whole Life insurance policy with a low face value. Values range from $2,000 to $50,000. Policyholders can name any beneficiary, typically a family member, who would make the claim and receive the money upon the policyholder’s death. The beneficiary is then responsible for using the money to carry out the policyholder’s wishes.

Term Life insurance offers competitive premiums as it only covers a specific period of time. Clients select the term length they need as well as the coverage amount of the policy.

Universal Life insurance is a flexible-premium, adjustable benefit life insurance policy that accumulates account value. The flexibility of this policy allows you to change the amount of insurance as your needs for the coverage change. The death benefit is tax-free and the growth of the account value is tax-deferred.

Whole Life insurance has been around for generations. It provides security and financial growth for families throughout their lifetime. In addition to paying a death benefit, Whole Life also builds account value. Clients can access the cash values that accumulate in the policy during their lifetime to fund vital needs, such as funding a new home or send the kids to college.