Insurance in Vero Beach, FL
Insurance Products we provide our clients here at East Coast:
Life Insurance
There’s only three places we can leave our money to when we die. Our loved ones, charities, and the IRS. No one wants to leave money to the IRS. However, most people have a desire of who they’d like to leave their assets to. Life insurance can be a great way to help mitigate against retirement account income tax distributions, as well as any estate tax that may be incurred.
Life Insurance is also a great way to protect the ones you love. Having adequate coverage to cover your income loss or future earning potential can be a financial life saver for those you leave behind.
As an independent firm, we have the ability to pick and choose which policy suits your individual needs. The life insurance we can provide you is:
- Whole Life
- Term Life
- Universal Life
- Indexed Universal Life
- Hybrid Universal Life
- Single Premium Whole Life
- Max Funded Life
- Keyman Life
- Simple Issue Life
Final Expense Insurance
Planning for the future can feel overwhelming, but final expense insurance can help alleviate some of the burden for your loved ones during a difficult time. This type of insurance provides a guaranteed payout upon your death, designed to cover expenses associated with your final wishes, such as funeral or memorial services, burial or cremation costs, and outstanding medical bills.
Final expense insurance offers several advantages. The policies are typically whole life insurance, meaning they build cash value over time. This cash value can grow tax-deferred and may be available for loans during your lifetime if needed. Additionally, final expense insurance is known for its simplified application process and generally affordable premiums, making it a valuable tool for ensuring your final wishes are met without creating a financial strain on your family.
Long Term Care
Most people think long-term care insurance is there to protect your health. While that can be true as far as being able to provide much-needed care in those situations, it’s only half the story. Long-term care insurance can be helpful in protecting your assets. Statistics say that one out of every two of us will need some sort of long-term care. Having adequate coverage can help avoid draining valuable assets and investments that your loved ones may need to survive after your passing. Having the insurance company flip some or all of the bills can make a dramatic difference in these situations. Our firm can help you with these types of long term care insurance:
- Traditional Long Term Care
- Asset Based Long Term Care
Insurance for Professionals
As a professional, your income is likely one of your most valuable assets. But what happens if illness or injury prevents you from working? Disability insurance can be a critical safety net, providing you with a portion of your income if you’re unable to perform your job due to a covered condition. This financial security can help you pay bills, maintain your lifestyle, and focus on recovery.
For business owners and key employees, keyman insurance offers another layer of protection. This type of insurance safeguards the business itself in the event of a key person’s disability or death. By financially replacing lost productivity or expertise, keyman insurance can help the company weather the storm and continue operations with minimal disruption.
As an independent financial planning firm, we can help you assess your specific needs and recommend the right insurance solutions to protect your earning potential and your business’s future. The insurance products we can offer are:
- Disability
- Physician Disability
- Dentist Disability
- Professional Disability
- Keyman Life
One of the secrets of life is that all that is really worth the doing is what we do for others.
Lewis Carroll
All plans should have within them elements of protection. This is why East Coast Tax and Financial Planning is also an insurance agency. Insurance can be confusing and making mistakes can be costly. Finding and placing the right insurance products for your financial plan is a specialty of ours.