Health / Disability Insurance

What are you looking forward to doing this year?

Do you have a special vacation planned? Are you hoping to remodel your home, or buy a new car? Maybe you're training for your first marathon. Or, want to try your hand at some creative pursuit.

Whatever it is, chances are you are going to need your health to do it.

Good health is a prerequisite to so much in life. It is the forgotten foundation upon which we build all of our other goals and dreams. In fact, nothing can derail your dreams faster than an uninsured health crisis. In one fell swoop, it can rob you of your time, your energy, and your financial resources. For that reason alone, health and disability insurance are two of the most important investments you'll ever make.

Health Insurance According to the most recent Federal statistics, roughly two-thirds of all Americans have private health insurance. Of those that are privately insured, the vast majority (87%) get their coverage through their employers, while the remainder (13%) purchase their health insurance directly. If you have the ability to purchase health insurance through your employer, you should definitely take advantage of that opportunity. The cost to you will be much lower, as employers typically assume the lion's share (on average, between 73% and 84%) of the total cost of coverage, depending on whether you have a family or single policy. There are also significant tax advantages to employer- sponsored plans. For example, if the employer offers the benefits through a Section 125 cafeteria plan, employee contributions can be made on a pre-tax basis. Health Savings Accounts (HAS'S), Flexible Savings Anangements (FSA's), and Health Reimbursement Accounts (HRA's) are examples other tax savings vehicles offered through many employee health benefit packages. If you are with a mid- to large-sized company or other organization, Insurance Advisory Services can provide you with a customized selection of health insurance plans offering a wide range of benefits at the most competitive prices in your area. With over 20 years' experience in the employee benefit world, we have the know-how to craft the policies you want, and the relationships to command the pricing you deserve. If vou are a small business owner, or have to purchase your insurance independently, Insurance Advisory Services also has extensive experience in those markets. We will work closely with you to design a policy that helps you secure the benefits you need at a reasonable price, while maximizing your tax savings. Contact us today to request a quote.

Disability Insurance What is your most valuable asset? Is it your home? Your business? Your investments? Surprisingly, it's none of these. Your most valuable asset is your ability to earn a living. What would happen if you became disabled and could no longer earn a living? Could you and your family continue to sustain the lifestyle you are now enjoying? Becoming too sick or injured to work is one of the most serious problems you and your family could ever face. If you should suffer a severe injury or illness, you could lose the income that provides you and your family with a home, food, transportation, clothes, and other necessities. Sometimes a disability is short-term, and a quick return to work is possible. But if an injury or illness causes long-term disability, often there are additional costs, including long-term care and the extra assistance needed to help your family function in your absence. This could greatly increase the financial burden on your family. Insurance Advisory Services can help you mitigate this risk. We can recommend the right disability insurance plan to meet your and your family's needs. Contact us today to request a quote.