Planning for Your Loved Ones and Your Future Care.

Securing your family's financial well-being and planning for your own future care are two of the most significant responsibilities in retirement planning. Life insurance and long-term care insurance are powerful tools that address these needs, and at Impact Financial, we help you understand how they can fit into your overall strategy.

We work with you to analyze your needs, explore your options, and find solutions that protect your loved ones, safeguard your assets, and provide for the care you may need later in life.

Life insurance and long-term care insurance

An elderly woman with gray hair and glasses holding a baby boy on her lap, smiling and looking at him lovingly in a cozy indoor setting.

Our philosophy is to help you make informed decisions based on your unique circumstances, not on a one-size-fits-all product. We'll help you explore these important topics with a clear and objective approach.

  1. Life Insurance for Your Legacy: We'll help you determine if you need life insurance and what kind is right for you. Whether it's providing a tax-free inheritance for your children, covering estate taxes, or funding a charitable gift, we'll show you how life insurance can be an effective tool for legacy planning.

  2. Long-Term Care Planning: The high cost of long-term care can quickly deplete a lifetime of savings. We'll help you assess your potential risk and explore options for covering these costs, including traditional long-term care insurance and other strategies.

  3. Exploring Hybrid Solutions: We'll introduce you to modern hybrid policies that combine life insurance and long-term care benefits. These solutions can offer the dual benefit of a death benefit for your heirs or, if needed, a way to pay for long-term care services while you are living.

  4. Integration with Your Overall Plan: We'll ensure that any insurance solution you choose is seamlessly integrated with your investment, retirement, and estate plans. This holistic approach ensures that every part of your financial life works together to pursue your goals.

Our approach to insurance in retirement

Common questions we help our clients answer

  • Do I still need life insurance in retirement?

  • How can I plan for the high cost of a nursing home or in-home care?

  • What are the key differences between traditional life insurance, long-term care insurance, and a hybrid policy?

  • Can I use my life insurance to pay for my long-term care needs?

  • What's the best age to buy long-term care insurance?

*Life insurance policies contain exclusions, limitations, reductions of benefits, and terms for keeping them in force. Your financial professional can provide you with costs and complete details.

Additional Services

Make a lasting impact on your finances.