Buying Insurance Acworth - Phone (770) 285-7044

Purchasing insurance – either life insurance or disability coverage – from a typical insurance agent might be risky. The reality is that typically when the traditional life insurance salesperson presents their products the only thing they will consider is your current employment earnings. “So”, Mr. or Mrs. Prospect, “since your salary is X amount of income annually you should have Y amount of insurance .” While your income should be a factor in determining the amount of insurance coverage you might need, very often is it should not be the SOLE criterion. Other factors might include investment portfolio income, business earnings, child support income, and alimony, just to name a few . Your insurance coverage needs should take into account your ENTIRE financial situation, not just your employment income. So where can you turn to for this kind of comprehensive evaluation? For a fact a Certified Financial Planner can have the information to do this total financial analysis and advise you about necessary levels of insurance coverages. But with a fee-basis certified financial advisor, this might be overkill and, cost-wise, impractical for many people. So where can you find this kind of comprehensive evaluation? One place you might not have considered is a CPA. It’s true that most people think of their CPA in light of taxes but he or she is in a position to know your individual financial situation. And increasingly CPA practices are coming to understand the benefit they can offer their clients by offering insurance , that being able to offer recommendations on the products and amounts of coverage that are based on the client’s actual need and not just based the broker’s need to sell something. We invite you to contact us at the number on your screen if you would like a complete insurance analysis based on your total financial picture. Even if you have used another accountant or tax preparation service we can generally provide you an accurate recommendation from reviewing your past tax returns. So give us a call right now and let’s review your insurance coverages – what you have right now and what, if anything, you might need to add to your insurance portfolio.