“You don’t buy life insurance because you’re going to die… but because those you love are going to live.”
- Author Unknown
At Tonka Financial we have a propriety process that reviews your current insurance and premium to compare plans that will be specific to you and your family's needs. It isn't a "set it and forget it" type of industry, year after year plans and premiums are changing. We keep up-to-date on any changes so that we can relay any information that pertains to our clients.
Using our experience as wealth management and investment specialists, we find that we can offer better advisement to our clients when it comes to insurance.
Life Insurance
First and foremost, life insurance is to protect your family should you precede them in death. It also plays a part in wealth management for saving, investing, and passing on wealth to the next generation. In both scenarios it’s all about them.
Disability Insurance (Income Replacement)
Disability Insurance, or income protection, is a form of insurance that insures the beneficiary's earned income against the risk that a disability creates a barrier for a worker to complete the core functions of their work.
Long Term Care Insurance
LTC is an insurance product, that helps pay for the costs associated with long-term care. Long-term care insurance covers care generally not covered by health insurance, Medicare, or Medicaid. Individuals who require long-term care are generally not sick in the traditional sense but are unable to perform two of the six activities of daily living (ADLs) such as dressing, bathing, eating, toileting, continence, transferring (getting in and out of a bed or chair), and walking.