An independent review of insurance needs is conducted in two areas. For property and casualty insurance, the Financial Health Center Family Office team identifies assets, how they are titled and analyzes current situation for vulnerabilities. We review current carriers and their ratings.
For life insurance, the team reviews existing coverage in terms of your goals and wishes, as well as those expressed in your estate plan. Alternative approaches and vendors are reviewed. Recommendations are made and the plan is implemented. Benefits include:
- Valuables Truly independent review of your overall insurance needswithout a "product push" mentality.
- Alternatives to purchasing insurance coverage are considered, such as titling of assets and specific estate planning techniques
- Gaps in coverage are identified when multiple brokers are used. Unprotected assets are identified and coverage is recommended
