For over 35 years I have been licensed as an agent for Life and Health Insurance as well as a Licensed Life and Health Insurance Counselor for over 23 years, which is a distinct license that allows me to charge fees to evaluate contracts. All that said I am also a husband, father and grandfather who has had to personally make decisions on life and health insurance. So, knowing what I know and have experienced over the years, and also what I have done with respect to my own personal life insurance coverage, here are five actions I would share:
Life and Disability Insurance – yes, really. As a seasoned financial wealth manager I maintain life insurance now equivalent to my net worth, some permanent, some term. Yes I purchased life insurance on the mother of my children and maintain coverage to this day. Yes I purchased policies on my children and grandchildren that guarantee their future insurability. Yes I owned and continue to maintain disability insurance.
I welcome the opportunity to share any details with you in the hope of helping you to be comfortable with your life and disability coverage.
Charles R. Elhoff, Jr.
CFP®, ChFC, CLU
Life and Health Insurance Counselor
2535 East Southlake Blvd., Suite 100
Southlake, TX 76092
Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Level Four Advisory Services, a registered investment advisor. Level Four Advisory Services and Virtus Wealth Management are separate entities from LPL Financial.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Insurance guarantees are based on the claims paying ability of the issuing company.