Insurance Planning

Insurance Planning in Utah

One of the most overlooked areas of financial planning is ensuring optimal insurance protection. Yet it is obvious to all of us that before we dream about what we hope to happen tomorrow, it is essential that we address the threats that could come up today.

At Tencap Wealth Coaching, we know that even the best laid plans can get sidetracked and that there is nothing more certain than change. Unexpected life events can threaten our security at the drop of a hat and that is why we take the process of auditing our client’s insurance protection seriously. We are passionate about our portfolios and investment strategies, but no matter how efficient your investment portfolio may be, if an errant left turn or an accidental misstep takes place you need to have the proper protection in place to protect against lawsuits, liabilities and losses. If those losses aren’t addressed properly, they will have a negative, rippling effect on your overall balance sheet.

How We Can Help

As fiduciaries, our financial advisors review each client’s insurance policies and pass along critical feedback and coaching. Plan on reviewing your auto, home, life, disability, and umbrella policies. Together we will make sure these contracts are strong and robust such that if there ever is a loss, that loss gets blocked through a powerful layer of protection that is guarding your assets.

You can expect your financial planner to coach you as you go through any one of these life events:

Marriage or divorced.
Changes to your health, or the health of a family member.
Providing care or financial assistance to a parent.
Long-term care needs
Starting or expanding a business.
Purchasing a new home.
Funding education
Sickness or injury that prevents employment
A new child or grandchild
A new driver in the family to be added to your coverage
Expected or unexpected inheritance
Addressing the complex issues of a sizable estate or own multiple properties.

Life Insurance

Nothing is so sudden or impactful than the unexpected passing of a loved one. Life insurance is a responsible answer for nearly every household. It provides the financial protection and security that you want for your loved ones regardless of the circumstances.
Life insurance has many variables and each type of policy functions differently. Addressing this area of planning in the proper order is imperative.

What amount of coverage should you have?
What type of policy is most appropriate for your situation?
How long should it stay in place?

You can expect your coach to offer clarifying education around this potentially uncomfortable conversation. Your coach will teach you about tax consequences, cash value, living benefits, supplemental income, and premium flexibility to name a few points. Together you will walk through the pros and cons of different perspectives on life insurance to empower you to make an effective decision.

Disclosure

All content is for information purposes only. It is not intended to provide any tax or legal advice or
provide the basis for any financial decisions. Nor is it intended to be a projection of current or
future performance or indication of future results.

Opinions expressed herein are solely those of Tencap Wealth Coaching and our editorial staff. The information contained in this material has been derived from sources believed to be reliable but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation. Advisory services are offered by Tencap Wealth Coaching, an Investment Advisor registered with the SEC. Being registered as an investment adviser does not imply a certain level of skill or training.

Advisory services are offered through Tencap Wealth Coaching, a SEC Investment Advisor.

Insurance products and services are offered through Tencap Legacy, an affiliated
company.

Tencap Wealth Coaching and Tencap Legacy are not affiliated with or endorsed by the Social Security Administration or any other government agency.

The information contained herein should in no way be construed or interpreted as a solicitation to
sell or offer to sell advisory services to any residents of any State other than the State of [State] or
where otherwise legally permitted.

Images and photographs are included for the sole purpose of visually enhancing the website. None of them are photographs of current or former Clients. They should not be construed as an
endorsement or testimonial from any of the persons in the photograph.

Purchases are subject to suitability. This requires a review of an investor’s objective, risk tolerance, and time horizons. Investing always involves risk and possible loss of capital.

Links to Other Sites

The inclusion of any link is not an endorsement of any products or services by [Firm Name]. All
links have been provided only as a convenience. These include links to websites operated by other government agencies, nonprofit organizations and private businesses. When you use one of these links, you are no longer on this site and this Privacy Notice will not apply. When you link to another website, you are subject to the privacy of that new site.

When you follow a link to one of these sites neither Tencap Wealth Coaching, nor any agency, officer, or employee of the Tencap warrants the accuracy, reliability or timeliness of any information published by these external sites, nor endorses any content, viewpoints, products, or services linked from these systems, and cannot be held liable for any losses caused by reliance on the accuracy, reliability or timeliness of their information. Portions of such information may be
incorrect or not current. Any person or entity that relies on any information obtained from these
systems do so at their own risk.

-Washington State Only

Tencap Wealth Coaching is an investment adviser registered in the State of Washington.

The adviser/firm may not transact business in states where it is not appropriately registered, excluded or exempted from registration. Individualized responses to persons that involve either the effecting of transaction in securities, or the rendering of personalized investment advice for compensation, will not be made without registration or exemption. Being registered as an investment adviser does not imply a certain level of skill or training.