Buying Insurance in Woodstock Georiga (770) 285-7044

Purchasing insurance – either life insurance or disability insurance – from a regular insurance broker might be risky. You see, very often when the traditional life insurance agent presents their policies the only factor they will take into account is your current earnings. “So”, Mr. or Mrs. Prospect, “based on the fact that you earn X amount of income you ought to purchase Y amount of insurance coverage.” While your employment income should be one criteria in determining the amount of insurance coverage you might need, very often is it should not be the ONLY factor. Other factors might include investment income, business income, child support income, and alimony, just to name a few . Your insurance requirements should be derived from your ENTIRE financial picture, not just your income. So where can you turn to for this evaluation? For a fact a Certified Financial Planner can be in a position to do this comprehensive financial review and lay out for you about appropriate levels of insurance coverages. But with a fee-basis certified financial consultant, this might be really more than is needed and, cost-wise, impractical for many individuals. So where can you find this kind of comprehensive evaluation? One source you perhaps may not have thought about is a CPA. Granted most people think of their CPA in light of taxes but he or she is in a position to know your individual monetary picture. And more and more CPA practices are realizing the great benefit they can offer their clients through offering insurance products, that being able to offer guidance on the products and amounts of coverage that are based on the client’s actual situation and not just based the broker’s need to sell something. We invite you to call us at the phone on your screen if you would like an insurance review based on your total financial picture. Even if you have used another accountant or tax preparation service we can in most cases provide you an accurate recommendation just from a review of your past tax filings. So call us today and let’s look at your insurance coverages – what you have now and what, if anything, you might need to add to your portfolio.