Insurance Management
Contact UsSecure Your Future and Your Family's With Effective Insurance Planning
At Idaho Trust Financial, we know that insurance can be a scary topic, but we also know it's an essential component of financial planning. Protection planning rearranges the financial obligation from your family to a third party in the case of a death or long-term illness.
Permanent Life Insurance
You can expect consistent premiums and payouts throughout the life of this policy. It's a lifelong policy that builds up some cash over the years. There are three main types:
- whole life
- universal
- variable universal
Term Life Insurance
A term life insurance policy is meant for protection during a certain period and is sold in 10, 15, 20, or 30-year periods. You can expect premiums to remain steady and be lower than those for a permanent life insurance policy. These policies are usually taken out to cover the period of a mortgage or young children growing up.
Disability Insurance
If you're injured and can't work for an extended period of time, disability insurance provides you with the funds you need to recover and meet your financial obligations. However, most policies have a 90 day to six-month waiting period after the injury before payouts begin.
Long-Term Care Insurance
In the event that you or a family member can't take care of themselves, long-term care insurance covers the cost of home and nursing home care. The cost of home and nursing home care can be catastrophic for most families, and the insurance moves the risk from you to the insurance provider.
Idaho Trust Financial Helps You Explore Your Insurance Options
Our team assesses your insurance needs and aligns your financial planning with your protection planning to create a comprehensive,
long-term plan tailored to your needs.