Our insurance solutions consist of defining, measuring and providing for the possibility of loss.
Insurance companies have long taught their agents that insurance is sold, not bought. And agents' compensation is directly tied to the type and amount of insurance they sell—often leading to inefficient amounts of insurance and to policies that do not fit within the client's broad financial plan.
At Spectrum, we believe in prudent risk management. Our process starts with a detailed analysis of our clients' assets, including an "in-force" policy illustration, to determine their ability to withstand loss. This illustration shows our clients how their policies have performed compared with expectations, and how their policy could react to changes in their underlying assumptions.
We then prepare a cost/benefit analysis that measures the effects of transferring some or all of that risk through the use of insurance. Once a plan is identified, we work with all of the major insurance carriers to select the insurer that best meets our clients' financial resources and risk-management plan. We work for our client, not the insurance companies. This puts us in a unique position to have carriers compete for our clients' business—which often leads to better underwriting decisions, which can significantly decrease premiums.
• Permanent and term life insurance for individuals and businesses
• Disability insurance for individuals and businesses
• Long-term care insurance for individuals and businesses
Insurance products offered through Spectrum Insurance Services, LLC.