Life Insurance: Provides immediate benefits in the event of a death. Usually used for the purpose of family continuation after the death of a loved one. There are many other uses such as estate tax planning, pension maximization, cash accumulation for retirement, charitable giving planning. Business uses also include the funding of buy/sell agreements, corporate employee benefits, and key-person insurance, deferred compensation. There are many uses for life insurance; a KEYSTONE BROKERAGE SERVICES advisor is well equipped to handle any of your concerns.

Disability Insurance: The biggest asset we have is our ability to get up every day and earn a living. If we can keep doing it we will earn a fortune. Many of us will be prevented from earning an income due to the fact that 1 in every 4 will become disabled. Disability insurance will replace your income in the event of a sickness or injury, which prevents you from being able to work. The coverage usually will cost between 1% - 3% of your gross income and will provide coverage until age 65. The plans can be customized to the individuals personal needs.

Long Term Care Planning: Involves the preparation for paying the expenses of an individual who requires care either at home or in a facility due to their inability to perform the regular Activities of Daily Living (ADL's) which many of us take for granted until it's too late. There are 6 ADL's:

1. Bathing
2. Eating
3. Dressing
4. Toileting
5. Transferring (ability to move around or travel freely)
6. Continence (voluntary control of bodily discharges)

Several years ago the only option was to have a Long Term Care policy in place. Today's marketplace is very different, individuals now have a wide array of options available to them. We even have plans available for people who are already receiving care. Quite often it is the family who actually provides the coverage for their aging parents. Discounts are offered for joint policies. People living in the same household qualify. Does not have to be an opposite sex relationship.

Annuities: These are investments offered and fully guaranteed by major insurance companies. Their primary purpose is to provide tax-deferred growth while offering safety and liquidity. Annuities can also provide an individual with a lifetime of income. That's correct, an annuity will provide a person a never-ending income for the rest of their life.