Before you can worry about building your assets and planning for retirement, you should begin by protecting what’s most important. Your life, your health and your ability to generate income are the core areas to consider when developing any plan. Providing enough money to continue your current lifestyle in the event of sickness, injury or death is the foundation of any plan. We offer the programs from hundreds of companies to best serve your needs.

Individual & Family Health Insurance

If your employer does not offer a health insurance plan, they only pay a small portion of the premium or you are self-employed, you may want to purchase health insurance on your own. The cost and coverage provided would depend on your insurance provider and the particular policy you purchase. There are several different types of individual health insurance plans. You can get fee-for-service, HMO or PPO plans, but you should know the differences and coverage limitations before making any purchase decision.

Policies differ widely in coverage and cost. You’re age, health history, and which state you live in also play a major role in the type and price of coverage available to you. Pre-existing conditions or prescription medications may affect your insurance premium. You may qualify for slightly lower rates if you meet certain “preferred” criteria.

At its most basic, insurance is meant to cover you from unexpected losses that would cause major hardship if they had to be covered without help. You must weigh what you will pay in premium vs. what you can expect to pay out of pocket in order to make a wise decision.
If you are simply looking for a temporary solution, alternative to COBRA, or short term coverage before you can join a group plan, we have the solution.

At Stonebridge Benefits, we educate our clients on how to take advantage of Health Savings Accounts and Qualified Reimbursement Plans to take the largest tax deduction. We compare all the carriers and policies available to find the best one for you. We also periodically review your coverage to make sure it is the most cost effective plan for your needs.

If you’d like to learn more about health insurance to protect your family, please contact us.

Life Insurance

Life insurance is just one part of a comprehensive set of solutions – but one that is often overlooked. Life insurance should be the foundation of any financial plan. There are many different types of life insurance and each one has its strengths and weaknesses. The two major types are “term” or temporary and permanent.

Because term insurance is relatively inexpensive, it can be a good choice if you can’t afford the permanent life insurance protection you wish to have. Term insurance provides the protection you need now, at a cost you can afford. Over time, however, your insurance needs are likely to change. Inflation, health issues, educational costs, market conditions or any number of other variables may leave you without adequate protection. For this reason, you may need life insurance with the flexibility to provide protection now and in the future

Permanent life insurance provides death benefit protection for life. As long as you pay the premiums, the death benefit will be paid. Permanent life insurance may have fixed premiums, generally accumulates cash value on a tax-deferred basis and may pay policy dividends. Although more expensive initially than term life insurance, permanent life insurance may, over time, become the least expensive form of life insuran

If you’d like to learn more about life insurance to protect your family, please contact us.

Disability Insurance

Disability insurance is an important component to any financial plan, but one that is often overlooked as it may be fairly expensive depending upon your age, health and most importantly occupation. Disability insurance provides monthly benefits to replace a portion of your pre-disability income in the even of an accident or sickness. Although many people in low risk jobs such as office workers do not believe they will be injured, fact is that almost 80% of all claims are paid due to sickness, not injury.

Many people also believe they are covered through either workman’s compensation or social security, which is only partially true. Workman’s compensation will only pay benefits if injured “on the job” and social security often only pays benefits when you are severely sick or injured making it very difficult to qualify. Disability income insurance is typically easier to qualify for benefits depending upon the policy and it may pay benefits for even a small reduction in pre disability earnings due to an accident or sickness,

At Stonebridge Benefits we review all in force policies on both the group and individual side to make sure our clients understand their benefits and that they are the lowest costs. We take into consideration all the important factors to come up with the most suitable recommendations. We customize plans from many of the top insurance carriers to fit your needs.

If you’d like to learn more about disability insurance to protect your family, please contact us.

Long-Term Care Insurance

There’s a good chance that you may need to pay for nursing home, assisted living or, home health care one day. In fact, more than half of the U.S. population will require long-term care at some point in their lives. Recent changes in federal law have made it less likely that Medicare will pay for long-term care, or the continuum of broad-ranged maintenance and health services to the chronically ill or disabled. Because of this, the popularity of long-term care insurance has grown.

If you’re concerned about being financially secure during your retirement years, you owe it to yourself and you’re loved ones to protect yourself against what could be the greatest threat to your financial security, the cost of long-term care. Stonebridge benefits offers conscientious, experienced guidance on choosing long-term care plans that are right for you and your family.

If you’d like to learn more about long term care insurance to protect your family, please contact us.