There are two major types of life insurance—term and whole life. Whole life is sometimes called permanent life insurance, and it encompasses several subcategories, including traditional whole life, universal life, variable life and variable universal life.
There are essentially two types of health insurance plans: indemnity plans (fee-for services) or managed care plans. The differences include the choice of providers, out- of-pocket costs for covered services and how bills are paid.
Long-Term Care is probably not for everyone, but if you are close to retirement or have family members who might require medical assistance for an extended period of time, it makes sense to buy Long-Term Care Insurance.
Whereas many insurance and financial representatives are tied to specific companies to improve their compensation payouts, I am an independent benefits consultant, not beholden to any one company or product.
My goal is to identify your priorities, determine if there is a product design that will meet your needs, conduct a thorough product search using only companies that are financially stable and present you with product options that are competitively priced yet maintain strong guarantees.
Lawrence M. Croft, JD, CLU
21 W. Glenbrooke Circle
Richmond, Virginia 23229
Tel. (804) 402-8584
Fax (866) 359-0471