Insurance Planning
Protecting Your Net Worth and Minimizing Risk of Loss
The purpose of insurance (risk management) planning is to protect your net worth by minimizing the risk of financial loss in the event of a catastrophe. All financial plans should consider the needs and benefits of insurance. You may have questions about how much insurance you really need, what type of policy would be best for you and what highly rated companies have low premiums. If you already have insurance, you may want an independent evaluation of your coverage.
At Synergy Capital Management, LLC, we evaluate your insurance needs and existing coverage by determining potential sources of risk and financial loss. Areas of concern to most clients include life, term, health, disability, long-term care, auto, home, personal liability (umbrella) and property and casualty. Many individuals find after the fact that they are not adequately protected in certain situations.
As a fee-only advisor, Synergy Capital Mangement, LLC does not sell any financial products, including insurance. Since we work directly for you, we are able to make impartial recommendations regarding appropriate coverage, carriers, limits and deductibles. This includes reviewing the cost and coverage of your current insurance policies, conducting needs analyses, and recommending the proper type and amount of insurance coverage.
After reviewing your current policies, we can offer an unbiased judgment on whether they meet your needs. If additional policies are warranted, we can suggest options objectively. If you do not currently have a relationship with an insurance agent, we can assist you in providing a recommendation. We will evaluate your insurance needs and your existing coverage will be reviewed for appropriateness and completeness.