Risks to the Plan

Even the most careful plan is subject to risks.

We will identify the risks to your plan if you were to die prematurely. We will suggest capital replacement amounts that would counter these risks. These amounts typically decline as the risk to your family’s wealth diminishes. Many people choose to purchase life insurance to fund the uncertain capital requirements.

Similarly, we will identify the risks to your plan associated with disability. Income replacement is required to mitigate this risk. Many people choose to purchase disability insurance to fund this uncertain income requirement.

Finally, we’ll review the risks to your plan of the potential need for long-term care (LTC). We’ll help you assess the potential financial impact. Insurance is also available to mitigate this impact.

Sensible Financial is not an insurance advisor or insurance agent or broker. We can refer you to sources of life, disability and long-term care insurance products that we believe to be reliable.