Insurance Planning
Life’s unpredictability demands preparation, not panic. At Jeff Somers & Associates Private Wealth Management, we build insurance plans that protect your family and business and fortify your entire financial life. Acting as your PEI financial advisor and financial planner, we align insurance planning with every aspect of your wealth strategy, from tax planning and estate preservation to succession and intergenerational wealth planning.
Life Insurance: Securing Stability Amid Uncertainty
From shielding families from financial upheaval to ensuring businesses remain operational through transitions, life insurance plays an important role in financial planning. It handles funeral costs, pays off mortgage and funds trusts. For businesses, it funds buy-sell agreements, ensures debt obligations are met and safeguards continuity.
Critical Illness Insurance: Freedom to Focus on Recovery
Cancer strikes. Life shifts. Bills don’t. Critical illness insurance steps in with a lump sum when chaos hits hardest. Medical treatments? Mortgage payments? Time to breathe without crumbling under financial strain? Recovery needs focus, not fears of unraveling.
Disability Insurance: Sustaining Income, Preserving Trajectory
Income fuels everything—your family’s security, your business’s momentum, your personal ambitions. When illness or injury disrupts your earning power, disability insurance provides a lifeline. It steps in to replace lost wages, ensuring stability for high-income professionals and business owners. Life doesn’t pause, and your financial goals don’t have to either.
Estate Preservation: Protecting What You’ve Built
An estate is your life’s work. Taxes, debts, and unexpected expenses, however, can erode even the most carefully planned legacies. Insurance planning ensures stability. It fills the gaps left by wills and trusts, covering final costs and reducing tax burdens. Whether you’re funding a trust for grandchildren or safeguarding a family business, we build plans that ensure your wealth’s preservation for generations.
Annuities: Turning Savings Into Security
Retirement should mean comfort, not concern. Life annuities convert savings into a predictable stream of income, ensuring stability for as long as you live. From traveling the world to spoiling your grandchildren, annuities grant the freedom to embrace retirement while knowing your financial future is secure.
Expertise for Complex Lives
Affluent clients and business owners with significant assets require advanced strategies. Converting business wealth into retirement income? Creating intricate estate plans? With advanced tools offering real-time updates and benchmarks, we ensure your financial strategy is both transparent and adaptable.
Integrated Wealth Planning
Banks and competitors often treat insurance as an afterthought, but we see it as foundational. At Jeff Somers & Associates, insurance integrates seamlessly with your broader wealth strategy. Whether safeguarding assets with life insurance, covering health crises with critical illness insurance, or ensuring income stability through disability insurance, every element connects. Tax efficiency, succession planning, estate strategies—these aren’t isolated concerns but intertwined threads of your financial story.
As your PEI financial advisor, we act as the quarterback for your financial life. Coordinating efforts with your legal and accounting professionals, we leave no detail unchecked. From protecting generational wealth to crafting business succession plans, we ensure every strategy aligns with your unique goals.
Built on Trust, Defined by Service
Our reputation doesn’t come from flashy ads or gimmicks—it’s earned through referrals from satisfied clients. Personalized care, proactive communication, and relentless dedication define our service. Whether reviewing estate documents, identifying hidden opportunities, or simply being available when you need us, our client relationships are built on trust and responsiveness.
Ready to Secure What Matters Most?
Life may throw unexpected challenges your way, but with Jeff Somers & Associates, you’re equipped to face them head-on. Contact us today to craft an insurance plan that protects your family, empowers your business, and preserves your legacy. Together, let’s transform unpredictability into unwavering confidence with a financial strategy that connects every facet of your wealth.