Individual Insurance Planning

With this model and commitment we wholeheartedly endorse Kathy Shine with Benefit Outsource Insurance Services, LLC for your personal insurance needs. Endless searching has found us the right combination of someone who understands the Roadtechs community and a company that can provide the professional services to our community.

Please call Kathy Shine at (805) 474-0731 or e-mail her at: kshine@benefitoutsource.biz

Personal Planning:
Implementing the right personal strategies means you are more likely to be free of worries and able to concentrate on the goals and dreams you have for your family.

Whether you are looking for insurance, retirement products and services, part of what you'll need to consider will be uplifting - like sending your child to college and traveling when you retire. And, part of what you'll need to manage is the unexpected - like having an income stream during a disability, or upon the event that your parent can no longer care for them self.

Life Insurance:
Life insurance can provide an excellent opportunity for you to meet many of your goals while still protecting the financial security of your loved ones. All life insurance policies have some things in common - you make premium payments to the insurance company and when you die, the insurance company pays a death benefit to your beneficiaries. Often, this death benefit is received income tax-free.

Permanent life insurance, however, can also provide a living benefit. When you pay your premium, part of it goes into a cash reserve and accumulates tax-deferred. You can generally access this cash reserve at any time, for any purpose. It can be used for things like education expenses, retirement income, and many other needs. It also remains in force during the insured's entire lifetime, provided premiums are paid as specified in the policy.

Disability Insurance:
When a disability leaves you unable to work for an extended length of time, you lose the ability to earn an income- the one thing you've always relied on to provide for yourself and your loved ones. Meanwhile, your living expenses continue-in fact, they're likely to increase for a number of reasons. You could need help around the house or have higher medical expenses, for example. That's where disability income insurance (DI) comes in. It's designed to help you maintain your standard of living when you cannot work. If you don't have much in the way of assets for a financial cushion, you need enough to cover costs and supplement your income until you can go back to work.

Disability income insurance is needed by just about everyone who earns a living. Surprisingly, single people often need it more than married couples because they don't have a spouse's income to fall back on if they are injured or become too sick to work. On the other hand, most married people have a hard time imagining what it would be like to live on one salary when they barely get by on two. And unfortunately, disability strikes more often than you may think.

Long Term Care:
You or your spouse may someday need assistance with the basics of living. The phrase, "long term care" is used to describe assistance with daily activities including: dressing, bathing, eating, moving from place to place, and using the bathroom. Long term care can take place at home, in an assisted living facility, in a nursing home, or in the community through special programs, but no matter how or where it takes place, it can be expensive.

Good financial planning is critical in protecting your independence, your assets and your choices. Considering long term care insurance is an important part of that process.