Protecting Income and Assets

The process automated by Financial Foundations is nothing we ourselves have pioneered. Like we said in our Overview page, these financial principles and the concept of prioritizing them appropriately have been around for the whole of modern economics and personal finance. However, our approach does create (like none other does) a system that educates, informs, and illustrates for your clients the importance of each principle and why they are prioritized they way they are. With the help of this system, you, as an insurance and financial professional, are equipped to help your clients in ways others can't.

The first step to financial security (after bringing income into the home and appropriately budgeting that income, of course) is to protect said income. This is fundamental to financial well-being. Your clients' income is their #1 asset, and the first action they should take, or the first "step" outlined in the financial foundations process is to protect that most valued asset and the other assets associated with it and purchased by it. Step 1, therefore, is "Protecting Income & Assets." Unfortunately, many people never do enough to protect the most valuable asset they have. That's where our Life Insurance Needs Analyzer and Disability Protection Analyzer come in. This is also where you can use our Net Worth & Liability Analyzer to show the needed coverage amounts on an auto policy and umbrella. What's more, when you're taking to your retiree clients, or soon-to-be retirees, you can use our Long-Term Care Planner to illustrate the need for protecting their income against a long-term care event. These powerful illustration tools will help to put the discussion into perspective and will help you show your clients exactly how much insurance they need.