At Canary Blomstrom, our approach to insurance is different. We take the time to understand the lifestyle you have built, plans for the future of your family, and preserving what you have built and accumulated. Everyone should consider the importance Life, Disability, and Long Term Care Insurance can play in planning for your future, and that of your family. Structuring your plans involves an understanding of your objectives and meeting those objectives with the proper coverage and product.
Life insurance will protect the future well-being of your family by immediately eliminating the financial fear and insecurity that your family may feel following a devastating loss. Life insurance can pay medical bills, funeral expenses, pay off your mortgage, fund education, and provide financial security for you or your family. The right product can also help fund your retirement, accelerate your mortgage payoff, and is self-completing if you aren’t there to pay premiums.
Disability Income can protect your assets and family’s financial security in the event you are temporarily or permanently disabled and unable to work. It will help meet your financial obligations while retaining your current assets.
It might be hard to imagine now, but chances are you’ll need some help taking care of yourself later in life. In fact, some national statistics indicate that over 50% of people over 65 will need some sort of Long Term Support and Services (LTSS). LTSS refers to a host of services that aren’t covered by regular health insurance. This includes Activities of Daily Living (ADLs) such as assistance with bathing, dressing, self-care, and household chores.
Not only can the cost of LTSS be extremely expensive, it could also wipe out all your retirement saving, assets, including your home, and any inheritance you wanted pass on to your family.
Long Term Care Insurance is one way to financially prepare yourself and your family. A long-term care insurance policy helps cover the costs of that care when you have a chronic medical condition, a disability or a disorder such as Alzheimer’s disease. Most policies will reimburse you for care given in a variety of places, such as:
Understanding long term care is an important part of any long range financial plan. Waiting until you need care is not an option. You may not qualify for long-term care insurance if you already have a medical diagnosis or condition. The earlier you buy long-term, the more affordable it can be.
Guidance & Assistance
Whether it’s Income Protection, Estate Planning, or providing for your family now and into the future, we will guide you all the way. Our knowledge and experience from both an underwriting and claims perspective will help you understand, navigate, and structure the best and most cost-efficient way for you to fund the right plan. Our state-of-art systems can streamline the quoting and underwriting process. We can often handle the entire process directly over the phone.