Insurance Equals Protection
Everyone knows the importance of having basic kinds of insurance. Sometimes, the law even requires it. You might be reluctant at times to pay insurance premiums, but having good insurance coverage can save you from financial ruin.
At Woodberry Wealth Preservation & Corporate Consulting, we provide insurance protection services aimed at establishing security for our clients. We understand there are many insurance advisors in New York, so we strive to stay ahead of the competition by offering a variety of services, and establishing long-term client relationships.
We provide insurance protection services in the areas of:
- Whole Life Insurance
- Universal Insurance
- Term Insurance
- Property Insurance
- Fixed and Index Annuities
- Long Term Care and Disability Insurance
Insurance matters can be complex. We can help.
There is a lot to consider when purchasing insurance. Questions pertaining to the kinds of insurance, and the amount of protection you require can be tough. That’s why you need the help of pros who specialize in insurance protection services. Our insurance advisors can answer all of your questions and help you select the best insurance policies for your needs. We can also help you consider options that you might not have known were possible.
For example, did you know that life insurance can be purchased for reasons other than providing income for benefactors after your death? Life insurance can be used in other ways such as:
You can buy a policy to pay estate taxes after your death. When assets in the estate can’t be sold to pay taxes because they aren’t liquid—like a small business or land, life insurance is useful because there is no income tax on the death benefit on life insurance.
Let’s say you have a family business, and three children, but only one child can inherit the business. You can buy insurance that will pay cash to the other two children, equal to the value of the business.
Long Term Savings or collateral leverage:
You can use the value of your insurance as a flexible saving tool. You can borrow from yourself, and pay yourself back without being subject to a third party and high interest.
Our insurance advisors offer the best insurance protection services in New York.
Insurance protection is one of the most important things you can do to manage and build your wealth. For top-notch insurance advisors in New York, contact us today.