Next Gen Connections
August 2020
Our Team works to bring you information on issues that matter to you.

This month I wanted to share some insights about a topic that has been top of mind for me and our team – protection. In today’s environment of uncertainty, having peace of mind is more critical than ever. Insurance is a key tool in equipping you with that comfort. Providing protection and mitigating your risk is the simple motive of insurance. There are various types of insurance products like life insurance plans, disability insurance, health insurance, home insurance and more. I encourage you to read the articles provided and reach out to us to answer any questions you may have. 

Megan

Megan A. Rinaudo, CFP®
Financial Advisor





ARTICLES OF INTEREST


Your life insurance needs change as your life changes. When you are young, you may not need as much, however as you take on more responsibility and your family grows, your needs increase. Read More...

Consider what would happen if you were unable to work for days or months, or even years due to sickness or an injury. Disability insurance pays benefits that in most cases will replace a percentage of your income. Read more...
HOW INSURANCE PRESERVES ASSETS

Life Insurance
  • Provides the beneficiaries of your life insurance policy with funds upon your death so that your assets will not need to be used to pay final expenses and estate taxes.

Disability Insurance
  • Pays benefits to replace part of your earned income while you can't work due to illness or injury so that you continue to meet your financial obligations (e.g., mortgage).

Health Insurance
  • Pays medical expenses incurred as a result of a illness or injury, so that you do not need to use your assets to pay for them.

Long-Term Care Insurance
  • Pays for certain in-home and nursing home care expenses, preserving our assets for your heirs.

Homeowners Insurance
  • Pays for certain property damage and losses so that the property can be repaired or replaced without you having to use other assets to do so. Also covers certain liability claims.

Automobile Insurance
  • Pays for damage to your automobile so that you can fix or replace it (collision/other-than-collision coverage). Also covers certain liability claims (liability coverage).

Umbrella Liability Coverage
  • Provides liability protection above and beyond basic coverage provided by homeowners or automobile policies.

Business or Professional Insurance
  • Pays for certain business losses (e.g., property damage, business interruptions, liability claims).

1478 Marsh Road · Pittsford · NY · 14534
Phone: 585·512·8453

Securities and advisory services offered through Commonwealth Financial Network member FINRA/SIPC, a Registered Investment Adviser.