Archive | Wealth Protection RSS feed for this section

Equifax Breach – Steps You Should Take

As you may have seen on the news over the last 24 hours, Equifax – one of the three major credit reporting agencies – had a significant data breach at the beginning of this summer.  If you’ve ever run a credit report in the past, it’s likely your personal information was exposed.  Per reports, the […]

Read full story Comments are closed

Preventing Financial Elder Abuse – Part II

Advisors and family members can team up on a loved one’s behalf In Part I, we looked at the sources and warning signs of elder financial abuse.  In this installment, we will talk about how to work with the elderly once they have become victims and how to prevent elder financial abuse. Don’t shame elders […]

Read full story Comments are closed

Preventing Financial Elder Abuse – Part I

Advisors and family members can team up on a loved one’s behalf. Key Takeaways The vast majority of financial elder abuse is perpetrated by family members and caregivers—not by strangers and professional crooks. Only a tiny fraction of elder abuse is actually reported. Look for the warning signs of financial elder abuse. As many of […]

Read full story Comments are closed

Disability Insurance: Protecting Your Largest Asset

Here are a couple of interesting statistics for you: Just over 1 in 4 20 year-olds will become disabled before they retire*. Only 5% of disabling accidents and illnesses are work related. The remaining 95% are not, meaning Workers Compensation doesn’t cover them**. During your career, you are 3.5 times more likely to be injured […]

Read full story Comments are closed

Cash Value Life Insurance

Life insurance, like any type of insurance, is constantly evolving in the marketplace. As insurance companies continue to create new products and tweak older ones, their offerings become increasingly more complex, harder to understand and sometimes, are sold to policy holders for the wrong reasons. Term insurance has remained fairly constant, but permanent, cash value […]

Read full story Comments are closed

3 Reasons to Consider Umbrella Insurance

Do you own a home?  Do you have a long commute?  Are you a dog owner?  If you answered yes to any of these questions, an umbrella insurance policy is worth looking into.  As you probably know, we don’t sell insurance here at Independence Advisors. However, risk management is a key part of any comprehensive […]

Read full story Comments are closed

Insurance – Don’t Set It and Forget It

Key Takeaways: People change over time and so their insurance needs change too. Insurance policy expenses and their underlying crediting rates can change over time Periodic insurance policy reviews are critical. Remember Ronco founder, Ron Popeil’s, signature tagline for his famous rotisserie oven– “Set it and forget it”?   That might be fine for cooking convenience, […]

Read full story Comments are closed