Insurance Planning

Insurance Planning in Maryland

Protecting What Matters

As one of the most comprehensive financial service firms for wealthy families and high net worth individuals in Maryland, Geier Asset Management offers programs to grow, protect, and conserve your wealth. In addition to our wealth management services, our advisors also offer insurance planning services to help you determine which insurance policies you need. We will run pricing quotes for the proper amount of insurance and assist in obtaining the policy.

Geier Asset Management provides insurance planning services throughout Howard County. Contact us today to schedule a insurance planning consultation.

Our Insurance Planning Services

At Geier Asset Management, we’ll make sure you’re protected—no matter what tomorrow brings. To determine the appropriate amount of coverage for your needs, we’ll take the following information into consideration:

  • Age
  • Income
  • Spousal income level
  • Debt
  • Children’s college expense expectations
  • And more

Once we’ve conducted this initial analysis, we will then provide you with the appropriate coverage quote and write your insurance policy. Our financial analyst will review your policy each year to ensure you and your family always have adequate protection.

Types of Insurance

Life Insurance

There are many types of life insurance policies available to you, and one of our advisors can help you determine which is the best option for you and your family:

  • Term life insurance – This offers coverage for a specified term with a less expensive, fixed premium.
  • Whole life insurance – Unlike term life insurance, a whole life insurance policy offers permanent coverage at a fixed, but usually more expensive, premium. However, part of your premium goes towards the cash value of the policy, which allows you to borrow against the accumulated cash value of your policy.
  • Variable life insurance – A flexible life insurance option, a variable insurance policy is similar to a whole life policy in regards to it’s permanent coverage and accumulated cash value.  However, the cash value of your policy is invested in stocks, bonds, and other assets which grow tax-deferred. Often a lump sum premium is paid to maximize growth and avoid annual premiums.
  • Second to die policy – This policy is an inexpensive life insurance option for married couples looking to provide for children or pay estate taxes. The proceeds of this policy are only paid in the event that both spouses die.

In addition to these life insurance policy options, you can further protect yourself or your Maryland business with:

  • Disability insurance – Make sure you’re covered it you lose earning power due to a disability.
  • Long-term care insurance – This policy will aid in the expense of assisted living or care in your later years.
  • Key man insurance – In the event that your business loses one of its key executives, a key man insurance policy will help prevent a large negative effect while the company searches for a replacement.

As our valued client, our goal is to help you protect what matters. We’ll make sure you have the coverage you need.

Working With Geier as Your Financial Planning Advisor

We have been planning for our clients’ futures for the past fifteen years. Whether you are beginning your career, building a family, or approaching retirement, we have the knowledge and experience to lead you in the right direction. If you are struggling to stay on budget, want to establish a college fund, or are just eager to retire, our financial planning team in Maryland can help.

Making wise financial decisions now will result in a better life for your family in the future. We have the experience, training, and ability to listen to your needs, devise a successful plan, and coach you to your goals. Let our financial planners help manage your wealth effectively, so your future is clear and your financial dreams are attainable.

If you are looking for an independent, trustworthy financial advisor in Maryland, look no further than Geier Asset Management. Call us today to speak with a financial planning advisor.

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