Buying Life Insurance Acworth - Phone (770) 285-7044

Purchasing insurance – either life insurance or disability coverage – from a traditional insurance agent may be risky. You see, more often than not when the traditional life insurance broker pitches their policies the only factor they will consider is your current employment income. “So”, Mr. or Ms. Customer, “based on the fact that you earn X amount of income annually you need Y amount of insurance coverage.” While your employment income must be a criteria in deciding on how much insurance coverage you might require, very often is it should not be the ONLY factor. Other factors can include investment portfolio income, business income, child support income, and alimony, just to name a few of these other factors. Your insurance coverage needs should take into account your OVERALL financial situation, not just your employment income. So where can you turn to for this evaluation? For a fact a CFP can have the information to do this total financial analysis and lay out for you about appropriate levels of insurance coverages. But with a fee-basis certified financial advisor, this might be really more than is needed and, cost-wise, not practical for many individuals. So where can you find this kind of comprehensive evaluation? One source you might not have thought about is a Certified Public Accountant. Granted most people think of their CPA in light of taxes but that person is in a position to know and understand your individual financial situation. And increasingly CPA practices are coming to understand the great benefit they can provide their clients by offering insurance , that being able to offer recommendations on the specific products and amounts of coverage that are based on the client’s actual situation and not just based the agent’s need to make a sale. We invite you to contact us at the number on your screen if you would like an insurance review based on your total financial picture. Even if you have used another accountant or tax preparation service we can in most cases give you an accurate recommendation just from a review of your past tax returns. So give us a call right now and let’s review your insurance coverages – what you have now and what, if anything, you might need to add to your portfolio.