Disability Insurance

Products include:

  • Individual disability income
  • Key-person disability
  • Overhead expense insurance

Interest in long-term care insurance (LTCI) products has been growing in recent years for several reasons including the aging Baby Boomer generation. That population is approaching 80 million people and statistically, at least 70 percent of people over the age of 65 will need long-term care support at some time in their lifetime. Not only is that a potential burden financially, but may impact other family members’ personal lives and careers.

First Foundation Insurance Services can help identify whether an existing LTCI product will accomplish the original intent and/or if something different may be a better fit with clients’ long-term financial and planning goals. The product landscape for LTCI contingencies has changed over the past few years with the development of linked benefit life combination products; evolving traditional LTCI standalone products; and life insurance products that allow acceleration of the death benefit for chronic illness and long-term care needs during the insured’s lifetime. First Foundation Insurance Services can help you navigate the waters.