Go through our Insurance, Disability, and Employee Benefits Packages and choose the one that meets your criteria. Then, get quick and accurate quotations. Royal West Agency can help you find the finest coverage at the best price.
Get StartedDisability insurance is the foundation of any financial plan. Everything you own and everyone you provide for relies on your ability to generate income. Everything you have worked so hard for without income can come crashing down. The need for disability insurance is immediate and can begin even before the need for life insurance, such as with single working people. The chances of a disability before age 65 are five times greater than death. We aim to provide at least 60% of your income after tax if disabled. The cost can range from 1% to 5% of your annual income. Individual disability insurance can replace lost income, cover debt and make lost retirement contributions due to a disability. For businesses, disability insurance can be used to pay the business expenses of a disabled owner, buy out a disabled owner’s stock or replace lost revenue from a disabled key employee. Though a great benefit, employer-provided disability insurance or Group LTD is often inadequate. Group LTD often only covers your base salary, and the benefits are treated as taxable income. Make sure to perform a disability insurance review.
Owning adequate life insurance is very important and, in most cases, very affordable. There are many factors to consider when looking at the various types of Life Insurance policies. These same factors can also help determine the appropriate amount of coverage needed. Studies show that people who own life insurance feel more comfortable and in control of their financial security.
The most important aspect is that policies provide for the financial security of loved ones. The policy proceeds can be used for a child’s education, paying off debt, burial expenses, etc. Corporately owned Life insurance policies are a key component of Business Planning. The proceeds can be used to Buy Out partners, retain key employees, replace valuable employees, and more.
At Royal West Agency, we will help you with every step in obtaining the most competitive and appropriate insurance plans for your specific needs. You can count on us for both personal and business insurance planning. Our vast experience, resources, and dedicated staff will go to work for you, searching the market for the best solution. We offer competitive low-cost term life insurance and no lapse guarantee universal life insurance, whole life insurance, and indexed life insurance.
Long-term care insurance is for retirement planning, like disability insurance for income protection. During your working years, it is very important to have adequate disability insurance to protect your income. When approaching retirement and in retirement, it is important to protect your hard-earned assets with long-term care insurance. Needing long-term care for just a few years can wipe out hundreds of thousands in assets. Remember, turning “Qualified” assets into spendable after-tax income is extremely expensive!
It can make great sense and provide tremendous leverage for the premium dollar to provide yourself with long-term care insurance benefits. Tax-qualified long-term care insurance, in addition to tax-free benefits. These policies can be either life insurance or annuities and are becoming increasingly popular. Our mission is to offer long-term care insurance and clients the best rates and products. We represent the most competitive long-term care companies in the market!
We understand that everyone’s insurance needs and requirements are different, which is why at Royal West Agency, you can choose and make your own plans.
We understand that disability insurance is the foundation of any financial plan. That is why we provide immediate disability insurance to our clients.
We understand how important it is to have enough income for your retirement. Our long-term care insurance protects your retirement planning.
Information presented on this website is not intended as tax or legal advice. You are encouraged to seek tax or legal advice from a qualified professional.
