Risk Management in Houston

 Developing and Implementing Risk Management Strategies

*Guarantees are backed by the claims-paying ability of the issuing company

Life presents us with unexpected challenges—sickness, disability, death or market volatility—but the impact of these events can be decreased by having a plan in place. We can develop risk management strategies and cost-effective approaches to help ensure that a family’s plans, hopes and dreams can still be fulfilled in the event of an unexpected crisis.

Life Insurance

If someone depends on you, then you should consider life insurance:

•Term insurance can be the least expensive option for short-term needs in the event of an income providers  death such as a mortgage or college expenses.

•Permanent life insurance can be used to address lifelong needs including death benefit protection, estate planning strategies, charitable giving and planned inheritance strategies.

Disability Income Insurance

In the unfortunate event that you are disabled and cannot work, disability income insurance essentially replaces a portion of your income. Pricing is dependent upon the type of work you do, desired duration for receiving benefits and other factors.

Long-Term Care Insurance covers non-medical custodial-related care and becomes effective when you are no longer able to care for yourself. Policies can be designed to meet the ever-increasing costs of long-term care for an individual or couple.

Annuities

As you plan to “generate your own paycheck” in retirement putting guarantees* behind some of your income can potentially help you weather market fluctuations. We can help you evaluate if annuities would be effective for helping you address your financial goals.

Various types of annuities include:

• Fixed duration interest rate annuities
• Single premium immediate annuities with life or period certain
• Variable with potential options to provide guaranteed income  

Business Continuation Plans

A combination of key person insurance, executive bonus plans and deferred compensation plans can help retain key individuals or help the company survive if they are lost.