G Ahuja, Financial Services Representative at Assurion Financial

03/22/2022

Life Insurance needs are dependent on an individual’s personal and financial circumstances. With that said, here are a few samples of the guidelines we typically follow at Assurion Financial to tailor make our advise to best suit our client needs:

Option 1: Get a rough estimate of the client’s coverage needs by typically multiplying their current income by 10.

Option 2: Use the "DIME" formula for a more in-depth breakdown. Add up the four areas below to get a better idea of their needs.

Debt: The total of the client’s current debts (excluding your mortgage) plus estimated final expenses

Income: Multiply their current income by the number of years an an estimate their family would need their income for support

Mortgage: The balance on their mortgage

Education: An estimate of the costs of sending their kids to school and college

Option 3: Access if the client has a strain of longevity and there is a need to create an alternate strategy for long term care.

Call us today at (240) 506-5721 so we can guide you through our processes of Plan-Smart and Retire-Wise.

[email protected]

11/23/2021

If someone you love depends on you and your income, life insurance can help protect them financially if something were to happen to you. MassMutual's Coverpath makes it easy to get a quote and apply online. To learn more call 240-506-5721.

11/16/2021

Whole life insurance can protect those you love if you were no longer there, and help you leave a legacy behind or supplement your income in retirement. Hear about the benefits of whole life insurance and why it may be right for you. To get a custom quote contact me at [email protected].

Hear about the benefits of purchasing whole life insurance.

11/16/2021

Just like going to your yearly visit with your physician is important to your physical heath, having an annual check-up with your financial professional is just as important to your financial health. Adam Goetz, Partner at Burstin and Goetz, always recommends an annual financial checkup, but suggests that the more volatility and uncertainty in the world, the more you want to double check.

An annual review should include going over your budget, taking a look at your investment portfolio and making sure you have the right beneficiaries listed on life insurance.

11/12/2021

Term vs. Perm Life Insurance: 3 Considerations

11/10/2021

Look no further! We’re right here.