Too often a person becomes ill, or passes away, leaving his or her family members in financial disarray. The last thing anyone wants to think about is life insurance. Life insurance is one of the ways you can protect and financially prepare your family in the event something is to happen to you. Whether a life insurance policy is taken out for mortgage protection, monthly financial assistance, and or college preparations, the DeVito Agency will work hand in hand with you in preparing the right plan for you and your family. Protect your family with the coverage that protects you and your family properly.
Often, business partners do not involve their families with the business. In the event a partner passes away a life insurance policy known as a “Buy Sell” will enable the business to continue operating while purchasing out the family of the deceased family member with the use of the life insurance policy purchased through the business.
If your business has a “key person” and their death could have a negative impact on the day-to-day operations of your business, also talk to us about a “Key Man Life Insurance Policy” and how this may be right for your business.
Long Term Care Coverage
Long Term Care (LTC) Coverage enables your to properly protect your assets in the event you need care at a medical facility or even in you home for an extended period of time due to an illness. The costs associated with such facilities and potential care needed is significantly high. An LTC policy can assist in providing coverage to offset those costs.