Risk Management & Insurance Analysis
Buying insurance involves a risk-reward analysis. Most of us consider health insurance a necessity as protection from serious illness or accident. Other types of insurance such as disability, long-term care, and life insurance can be just as important to reduce the risk of loss in various circumstances. Disability insurance preserves your income or a percentage of your income if you are medically unable to work. Long-term care insurance can protect the assets in your estate. Life insurance can protect your family from loss of income if you were to die prematurely. Dominion Financial Consultants can help you sort through the risk-reward analysis of these types of policies and determine the best options for you and your family.