Buying Life Insurance in Woodstock Georiga (770) 285-7044

Buying insurance – either life insurance or disability insurance – from a traditional insurance broker could be risky. The reality is that more often than not when the traditional life insurance salesperson pitches their products the only thing they’ll consider is your current income. “So”, Mr. or Ms. Prospect, “since you earn X amount of income annually you need Y amount of insurance .” While your employment income has to be one criteria in calculating how much insurance coverage you might require, very often is it shouldn’t be the ONLY criterion. Other factors might include investment portfolio income, business earnings, child support income, and alimony, just to name a few of these other factors. Your insurance requirements should take into account your OVERALL financial reality, not just your income. So where can you turn to for this comprehensive evaluation? For a fact a CFP can be in a position to do this total financial analysis and advise you about recommended levels of insurance coverages. But with a fee-basis financial consultant, this might be really more than is needed and, cost-wise, impractical for many individuals. So where can you find this kind of overall evaluation? One source many people may not have considered is a CPA. Granted most people think of their CPA in light of taxes but he or she is in a unique position to know the breadth and depth of your individual financial situation. And increasingly CPA practices are realizing the great benefit they can provide their clients through offering insurance products, that being able to offer recommendations on the specific products and amounts of coverage that are based on the client’s actual need and not just based the agent’s need to sell something. You are invited 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 CPA or tax preparation service we can generally provide you an accurate recommendation from reviewing your past tax filings. So call us today and let’s review your insurance coverages – what you have right now and what, if anything, you might need to add to your portfolio.