PID 20

Risk Management Through Insurance Solutions

At Foster Victor, we strive to help you be financially prepared for your future. One of the key parts of this goal is exploring several insurance options. Our insurance team works diligently to ensure that you and your family’s financial well-being are well protected.

The Foster Victor team is skilled in assessing risk to your financial well-being. Our team will review your current insurance coverage and walk through a need analysis to ensure the insurance coverage is adequate to meet your current and future goals. Once the review is completed, our team will make any recommendations to bridge the gap. You will have access to a robust set of insurance options for asset protection including:

  • Life Insurance, including juvenile policies
  • Disability
  • Long-Term Care Insurance
  • Estate Planning Strategies

Throughout the application process, our team will work as a liaison between you and the insurance carrier to make the process as smooth as possible, as well as ensure the policy is established correctly.

Along with risk and asset protection, Foster Victor uses insurance products as tool within our savings program to help you meet goals for retirement, education, or other future needs. We partner with a number of top-rated insurance carriers to provide you with the most competitive solution.

Working in tandem with our professional services team, we can recommend and facilitate advanced design strategies for legacy planning and asset protection.

As part of our business planning, Foster Victor also offers insurance-backed solutions to mitigate risk for business owners or provide benefits to their employees. These products include:

  • Key Person Planning
  • Buy-Sell Agreements
  • Deferred Compensation/Restricted Executive Bonus Agreements
  • Employer-Sponsored Group Life and Disability Insurance Plans

Policy servicing is another key advantage that Foster Victor offers. Our team is available to make updates to policy information and beneficiaries as changes are needed. Policy performance, beneficiary/ownership arrangements and total insurance coverage are also reviewed on a yearly basis to confirm policies are continuing to meet your needs and goals.

Ready to Learn More?

You deserve concierge-quality advisory and planning services customized for your individual needs and goals. Contact us today to get started.