Safeguard Your Future

Reduce Risk with Insurance

At Meyer Financial Services, we believe that effective financial planning goes beyond asset accumulation. It involves protecting your financial strategy against potential risks. We understand that each client's needs and goals are unique, so our insurance-based risk protection strategies are tailored to ensure they align with your individual circumstances.

Life Insurance: Leave a Legacy for Loved Ones

While contemplating one's mortality may be uncomfortable, it's an important step in the financial planning process. The impact of your passing goes beyond emotional considerations. It can have significant financial implications, especially if you are a provider for loved ones.

Life insurance serves as a valuable tool to provide financial support to your beneficiaries. Beyond the basics, it can assist in maintaining their standard of living, settling debts, funding long-term goals like retirement or education, supporting a family business, funding trusts, contributing to charities, and more. With various types of life insurance available, our objective is to help you find the right protection that aligns with your needs and fits your budget.

Long-Term Care Insurance: Planning for Future Needs

The potential need for long-term care (LTC) is an unsettling thought for many. You may assume that a spouse, children, grandchildren or friends can help provide care if a long-term illness or disability strikes. The fact of the matter is there are no guarantees that friends or family will be in the position to help when the time comes. One way to plan for this potential challenge is to secure LTC insurance. It can help you not only access the care you need when you need it most, but it will help cover the cost of this type of care. Many people have sticker shock over the cost of LTC. Having a policy in place can help mitigate the risk of eroding your nest egg to pay for care. Care can also be provided in-home or in a facility if needed. We can help source an appropriate policy for your needs.

Disability Insurance: Safeguarding Your Income

Disability is a potential threat that can disrupt your employment and income, posing a risk to your financial stability. Disability insurance provides a safety net by offering supplemental income if you ever become disabled. While many employers offer disability coverage, it often has limitations. For business owners or the self-employed, the risk can be even more substantial. Our role is to help ensure that your disability insurance is comprehensive and tailored to your specific needs.

Annuities: A Guaranteed Income Stream

Annuities are another insurance product that can help mitigate risk in an overall financial plan. It is an insurance contract that is issued by a financial institution with the intent of paying out invested funds in the future, generating a stable income stream for the recipient. Annuities can be complex, so it’s important to understand the policy details and pick the right one for your situation. You may find the stability and tax advantages of an annuity to be desirable in your overall insurance portfolio as well.

Let’s Maximize Your Goals by Minimizing Risk

Risk is an inherent aspect of life, but proactive measures can significantly reduce its impact. At Meyer Financial Services, we are committed to helping you implement strategies that not only minimize risk but also maximize your potential to achieve your specific financial goals. Let's connect today to begin a conversation about securing your financial future.