Our Services
Financial Planning
We believe that life is more than a paycheck and our mission is to ease your worries and help you create a sound and stable financial strategy for your retirement.
As Part of The Miles Legacy Insurance process, we'll help you create a retirement income plan that balances:
- Daily Living Expenses
- Budgeting for Luxuries & Quality of Life
- Planning your Social Security Benefits for Maximum Results (Social Security can add $1M to your retirement fund)
- Factoring in Pensions Withdrawal Strategies
- Factoring in both Expected & Unexpected Medical Expenses
- Planning for the Unexpected and the Inevitable
One of the most imperative decisions you can make in regards to your retirement is when to start receiving your Social Security benefit.
There are pros and cons to delaying your benefit, as well as receiving it as soon as you become eligible - at age 62. We can help you navigate this process by showing you precisely what to do, and at what time, to maximize your Social Security Benefit.
Are you seeking guaranteed retirement income or looking for an additional tax-advantaged way to save for retirement?
We have a broad selection of retirement annuity products designed to help fit your needs. Our highly trained professionals are ready to guide you and help you feel confident you're making the most suitable retirement planning decisions. We can review your current annuity to see if there is a more suitable lower-cost option available that might provide you with more competitive rates.
At Miles Legacy Insurance you will work with a team of specialists who will help you prepare and execute an estate plan that is right for you and your beneficiaries.
One overlooked aspect of estate planning, other than avoiding taxes, is the fact that Insurance documents and other contracts may supersede the wishes you lay out in your will. Making sure all your beneficiary forms are in order, that you are transferring your assets in the most tax efficient manner, and that you have a continuity plan in place to ensure that your loved ones are taken care of while your estate is making its way through the courts, are all vital pieces of your plan. Give you and your loved ones the peace of mind that comes with knowing that you have a sound financial plan that takes care of them when the time comes.
We believe that life is more than a paycheck and our mission is to ease your worries and help you create a sound and stable financial strategy for your retirement.
As Part of The Miles Legacy Insurance process, we'll help you create a retirement income plan that balances:
- Daily Living Expenses
- Budgeting for Luxuries & Quality of Life
- Planning your Social Security Benefits for Maximum Results (Social Security can add $1M to your retirement fund)
- Factoring in Pensions Withdrawal Strategies
- Factoring in both Expected & Unexpected Medical Expenses
- Planning for the Unexpected and the Inevitable
One of the most imperative decisions you can make in regards to your retirement is when to start receiving your Social Security benefit.
There are pros and cons to delaying your benefit, as well as receiving it as soon as you become eligible - at age 62. We can help you navigate this process by showing you precisely what to do, and at what time, to maximize your Social Security Benefit.
Are you seeking guaranteed retirement income or looking for an additional tax-advantaged way to save for retirement?
We have a broad selection of retirement annuity products designed to help fit your needs. Our highly trained professionals are ready to guide you and help you feel confident you're making the most suitable retirement planning decisions. We can review your current annuity to see if there is a more suitable lower-cost option available that might provide you with more competitive rates.
At Miles Legacy Insurance you will work with a team of specialists who will help you prepare and execute an estate plan that is right for you and your beneficiaries.
One overlooked aspect of estate planning, other than avoiding taxes, is the fact that Insurance documents and other contracts may supersede the wishes you lay out in your will. Making sure all your beneficiary forms are in order, that you are transferring your assets in the most tax efficient manner, and that you have a continuity plan in place to ensure that your loved ones are taken care of while your estate is making its way through the courts, are all vital pieces of your plan. Give you and your loved ones the peace of mind that comes with knowing that you have a sound financial plan that takes care of them when the time comes.
Insurance Services
With the right life insurance coverage, we can be confident knowing that our loved ones will be able to live out their dreams, no matter what the future holds.
We do everything we can for our loved ones, not because we have to, but because we want to. If you're looking for affordable life insurance coverage for a specific period of time, term life insurance may be right for you. Permanent life insurance offers many different options and you can find the right guarantees, flexibility and cash value options to fit your needs.
If you fall and break your arm, accident insurance could provide a one-time cash payment to help with co-pays you might incur for treatment.
If a broken arm meant that you could not work, you could file a claim for short-term disability benefits in order to begin receiving weekly replacement income. Although there is a distinct difference between the two types of coverage, they can certainly complement each other in the case of a covered injury.
Unlike traditional health insurance, long-term care insurance is designed to cover long-term services and support.
This includes personal and custodial care in a variety of settings such as your home, a community organization, or other facility. Long-term care insurance policies reimburse policyholders a daily amount (up to a pre-selected limit) for services to assist them with activities of daily living such as bathing, dressing, or eating.
Living benefits are features included in certain insurance policies that provide policyholders with financial assistance while they are still alive, rather than solely offering benefits upon death. Here's a brief description of three common types of living benefits:
Critical Illness Benefit:
-
- Critical illness benefit provides a lump sum payment or periodic payouts if the policyholder is diagnosed with a specified critical illness, such as cancer, heart attack, stroke, or organ transplant.
-
- Typically, the policy will outline specific criteria and conditions for the diagnosis of covered critical illnesses.
Chronic Illness Benefit:
-
- Chronic illness benefit offers financial support if the policyholder experiences a chronic illness that requires long-term care. This could include conditions like Alzheimer's disease or other severe cognitive impairments.
-
- Usually, the policy will specify the criteria for determining chronic illness, often based on the inability to perform activities of daily living (ADLs) or cognitive impairment.
Terminal Illness Benefit:
-
- Terminal illness benefit allows the policyholder to receive a portion of the death benefit in advance if diagnosed with a terminal illness and given a limited life expectancy, often 12 months or less.
-
- The policy typically requires a certification from a medical professional confirming the terminal diagnosis.
These living benefits are designed to provide financial assistance during challenging times, such as a serious illness, and can help policyholders cover medical expenses, maintain their quality of life, or fulfill other financial needs. It's crucial for individuals considering insurance policies with living benefits to carefully review the terms and conditions to understand the specific illnesses covered, the qualifying criteria, and any limitations that may apply.
With the right life insurance coverage, we can be confident knowing that our loved ones will be able to live out their dreams, no matter what the future holds.
We do everything we can for our loved ones, not because we have to, but because we want to. If you're looking for affordable life insurance coverage for a specific period of time, term life insurance may be right for you. Permanent life insurance offers many different options and you can find the right guarantees, flexibility and cash value options to fit your needs.
If you fall and break your arm, accident insurance could provide a one-time cash payment to help with co-pays you might incur for treatment.
If a broken arm meant that you could not work, you could file a claim for short-term disability benefits in order to begin receiving weekly replacement income. Although there is a distinct difference between the two types of coverage, they can certainly complement each other in the case of a covered injury.
Unlike traditional health insurance, long-term care insurance is designed to cover long-term services and support.
This includes personal and custodial care in a variety of settings such as your home, a community organization, or other facility. Long-term care insurance policies reimburse policyholders a daily amount (up to a pre-selected limit) for services to assist them with activities of daily living such as bathing, dressing, or eating.
Living benefits are features included in certain insurance policies that provide policyholders with financial assistance while they are still alive, rather than solely offering benefits upon death. Here's a brief description of three common types of living benefits:
Critical Illness Benefit:
-
- Critical illness benefit provides a lump sum payment or periodic payouts if the policyholder is diagnosed with a specified critical illness, such as cancer, heart attack, stroke, or organ transplant.
-
- Typically, the policy will outline specific criteria and conditions for the diagnosis of covered critical illnesses.
Chronic Illness Benefit:
-
- Chronic illness benefit offers financial support if the policyholder experiences a chronic illness that requires long-term care. This could include conditions like Alzheimer's disease or other severe cognitive impairments.
-
- Usually, the policy will specify the criteria for determining chronic illness, often based on the inability to perform activities of daily living (ADLs) or cognitive impairment.
Terminal Illness Benefit:
-
- Terminal illness benefit allows the policyholder to receive a portion of the death benefit in advance if diagnosed with a terminal illness and given a limited life expectancy, often 12 months or less.
-
- The policy typically requires a certification from a medical professional confirming the terminal diagnosis.
These living benefits are designed to provide financial assistance during challenging times, such as a serious illness, and can help policyholders cover medical expenses, maintain their quality of life, or fulfill other financial needs. It's crucial for individuals considering insurance policies with living benefits to carefully review the terms and conditions to understand the specific illnesses covered, the qualifying criteria, and any limitations that may apply.