Insurance
Insurance
Insurance is a way to manage risk. When you buy insurance, you’re transferring the financial risk of something bad happening to an insurance company. In exchange for a regular payment (called a premium), the insurance company promises to pay you a sum of money if the insured event occurs.
Life Insurance
Life insurance is a crucial financial tool that provides a safety net for your loved ones in the event of your passing. It’s a contract between you and an insurance company where you pay regular premiums in exchange for a lump-sum payment (called a death benefit) to your designated beneficiaries when you die
Annuities
Annuities are financial products offered by insurance companies that can provide a stream of income during retirement or other financial goals. They involve a contract where you make either a lump-sum payment or a series of payments to the insurance company, and in return, they agree to make payments to you in the future
Pension Plans
It’s great to think ahead about retirement plans for your small business! There are many options out there like SIMPLE IRS, SEP IRA, SOLO 401K, Profit sharing and HAS (not a retirement plan but a great way to defer taxes)
