Individual Markets / Private Client Department
PRIVATE CLIENT SOLUTIONS
This program offers a comprehensive selection of benefits that covers medical services, hospitalizations, outpatient treatments, in-patient surgery and emergency room visits with access to a variety of excellent facilities around the world. The benefits include 100% coverage on hospitalization, physicians and specialist’s treatments, physical therapy, cancer treatment and orthopedic procedures. It also includes medical emergency evacuations around the globe.
Learn more about these solutions here:
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Medicare is the health insurance program that cover people over 65 years of age, people under 65 with certain disabilities and / or permanent kidney failure. The program helps with health care expenses but does not cover all medical expenses and most long-term care expenses. Acquiring an Advantage policy from a private insurance company it will cover the costs that Medicare does not cover.
Knowing the right type and use of each is paramount to meeting our client needs. Life Insurance comes in many forms and options. We provide a wide range of Life Insurance products, from the simplicity of a Term Policy to the more complex case design of Premium Finance Indexed Universal Life and Business Continuity.
It is an indispensable insurance product that provides supplementary income in the event of an illness or accident resulting in the inability of producing income. Benefits are usually provided monthly so that the individual can maintain their standard of living and continue to pay their regular expenses. Also, this program can be designed to fund a disability Buy and Sell Agreements. Rates and coverage vary, check with us for case specific quotes.
As an integral part of financial planning annuities provide a secure and reliable instrument to accumulate assets either on a short-term basis or long term. Whether you are looking for a Fixed Indexed Annuity with a variety of crediting methods, or a simple Single Premium Immediate Annuity, we will assist you by matching the right features and riders to meet your financial objectives.
One of the greatest needs to help protect against the erosion of assets is Long Term Care coverage. This coverage can be met through the purchase of a specific LTC policy or can also be met in conjunction with other investments through a rider provision. Let us help you determine the most efficient way to cover this need.
How Insurance Preserves and Protects Your Assets
Insurance protects you from the unexpected, it plays a crucial role in your comprehensive financial plan. Olympic Agency provides a wide array of quality insurance alternatives that can offer an important layer of safety for you, your family and your business.
If you have not put an asset protection plans in place, your wealth maybe vulnerable to potential future creditors. Should the worst happen, you could lose everything. Lawsuits, taxes, accidents, death and other financial risks are facts of everyday life. Although you’d like to believe that you are safe, misfortune can befall even the most careful person.
What can you do? First, identify your potential loss exposure, and then implement strategies that are designed to help reduce that exposure without compromising your other estate and financial planning objectives.
Asset Protection Techniques for Business and Individuals
If you own your own business, you won’t get life insurance through your employer unless you seek it out and buy it yourself. Life insurance can help ensure the continuation of your business when you are gone.
If you have a business partner, consider a buy/sell agreement. In this arrangement, you and your partner will own policies covering each other’s lives. If the first business partner passes away, the other receives a death benefit that can be used to buy the remaining half of the business. This results in a cash payment to your family as well as security for your business.
Executive Benefits targets the top end of the executive benefits market place. We focus on cash accumulation strategies for Supplemental Executive Retirement Plans and Deferred Compensation Plans.
There are three basic asset protection techniques: insurance, statutory protection, and asset placement. None of these techniques is a complete solution by itself, but may make sense as one limited component of an asset protection plan.
The simplest way to cope with risk is to shift the risk to an insurance company. This should be your first line of defense. Before you do anything else, review your existing coverage. Then consider purchasing or increasing coverage on your insurance policies as appropriate.
As part of the portfolio of services Olympic Agency offers, we have the option of offering several Medicare Advantage plans with major health insurance insurers. Plans can be offered Individual and / or group where the employer is the owner of the policy which may include employees who are actively working.