Risk Management
Risk management identifies potential risks and determines the appropriate steps to mitigate those risks.
Pre-mature death
Have a back-up plan in place to ensure that your goals will be met in the event of an untimely death.
Living too long
Ensure that your funds do not run out when you need them the most.
Becoming disabled
Protect your ability to earn an income if you are unable to work in the same capacity or at all.
Liability risk
Lower the risk of personal or business liability.
Medical needs
Consider the impact that a major medical expense would have and ensure that it is properly covered.
Long-term care
Protect your nest egg if you require long-term assisted living.