Protecting you, your family and even your business.
Managing risk and protecting your assets is a key component to managing your wealth, but it can often be overlooked when simply focusing on investment strategies. This is why BerganKDV Wealth Management, LLC takes a broad view of your portfolio and helps safeguard your assets. Our goal is to provide a comprehensive and custom plan that protects you, your family and even your business.
Do you have an existing policy?
The first step is to do an insurance policy evaluation. Your policy evaluation is designed to present a comprehensive overview of your existing life insurance policies, including any in-force projections provided by your existing life insurance carriers, and compare this coverage to your current goals, needs and wants.
This analysis also compares and contrasts your existing life insurance coverage to alternative life insurance policies. The goal is to determine if an improvement, cost savings or more appropriate strategy is available.
Are you monitoring your life insurance needs?
Life insurance can be a complex financial instrument. Like other assets, a life insurance policy needs to be monitored to be certain that it is still appropriate for your goals and is performing according to expectations. If you’ve experienced any of the following life changes or events, it’s probably the time to complete an evaluation or put an insurance strategy into place:
- Significant changes in income
- Increase or reduction in financial liabilities
- Purchase of a home, business or real estate
- Business structure or ownership changes
- Birth of a child
- Change in marital status
- Change in net worth due to inheritance, investment gains/losses