Get coverage tailored to your needs, and the future.
Make the right decisions now so that you and your loved ones are properly protected from life’s unexpected events. Working alongside our planning team, you’ll see how you’re doing today. Get the advice you need to effectively manage risks to your financial plan.
Personalized financial planning solutions for a fraction of the cost that traditional CFPs charge
How does it work?
Our financial advisors will:
Complete an analysis of your current risk exposure by looking at each insurance type (i.e. life/disability insurance - how much income you’d need to replace in the event of a disability or your death, home insurance - replacement cost of your home, etc.)
Review existing employer-sponsored life and disability insurance coverage
Evaluate your existing insurance policies
Prepare and present any proposed changes (i.e. increasing your insurance coverage, obtaining new policies, etc)
Once we’ve completed a full review of your needs , Range will help you proactively monitor your insurance needs and active coverage. If you’ve changed residence, employment status or any other major life changes, be sure to contact a Range advisor to understand how your insurance coverage might be impacted.
Range planners are well-versed in risk management and work with a full suite of tools to evaluate and manage insurance requirements, all to ensure your coverage is sufficient for your needs. Again, our coverage recommendations with be clear and as concise as possible and available in the Range platform for your review.
Since Michelle would need to replace 50% of Mike’s income for 10 years as well as final expenses, we recommend that Mike obtain a 20-year term life insurance policy. Term insurance fulfills the income replacement need at the lowest cost. Range partners with PolicyGenius to help our members obtain life insurance because they are an insurance broker, not an insurance provider.
Insurance Recommendation Example
Obtain Umbrella insurance
You currently do not have any umbrella insurance coverage. With a net worth over $1M, we recommend obtaining a $2M policy. This will protect you from liabilities that your current homeowner’s or auto insurance won’t cover. You can purchase this through your current home or auto insurance provider.
Still have questions?
Set up a 1:1 call with our team to get a walk through of the product. Just take a moment to create an account and fill out our form. You can also call or text us now at 703-261-4164
.svg)
.svg)
.svg)
