Insurance Planning

Life Insurance

Life insurance can be the foundation of your financial security, and can help you leave a lasting legacy. Life insurance not only provides financial protection for your loved ones when you die, but may also be an important component of a well diversified portfolio. In addition to the insurance protection, certain types of life insurance provide a savings feature that can be borrowed against in an emergency or to help supplement retirement income or other expenses. *

The experienced professionals at Innovative Financial Planning, LLC can assist you with creating a life insurance strategy that fits your unique personal or business needs

Disability Income Insurance

If you are like most people, you have insurance on your car and other items of value, but something may be missing. You may have overlooked protecting what is often your most valuable asset - your ability to generate an income, the same income that allows you to accumulate, and pay for the other assets you hold dear. Disability income insurance helps protect a portion of your income and provides a fundamental layer of security for your financial future. The professionals at Innovative Financial Planning, LLC can assist you with choosing a disability insurance policy that can help protect your ability to pay for the things you worked so hard to earn throughout your lifetime.

Long Term Care

Long-term care expenses are one of the largest unfunded potential liabilities facing today’s retirees and soon-to-be retirees. These types of large expenses could have a significant impact on a retirement portfolio, and your ability to create meaningful income for yourself and those you care about. Innovative Financial Planning, LLC can assist you with finding a strategy to help protect against the risks associated with long-term care that can make a difference in the quality of life for you or your loved ones.

*  "Loans and withdrawals will reduce death benefits and may impact the amount and frequency of future premium payments. If you take a policy loan or withdrawal, you may incur a significant income tax liability if the policy terminates before the death of the insured. When taking loans or withdrawals, your policy should be carefully monitored annually with your agent or other financial professionals. "