Risk Management
At Virtual Galt, we do not think people should rely solely on the government for their disability, long term care, life and medical insurance.
Instead, we believe the best solution is for people to partner with leading companies where needed, and provide for themselves wherever possible.
Considering the overall risk picture, people generally are underinsured on disability.
Some do not have appropriate life insurance. (Some people really do need life insurance!)
And once a person is in the 55-60 age range, and has assets to protect, long term care insurance may be a good option.
If you are confused by the wide range of options and providers for disability, long term care, life and medical insurance, Virtual Galt will be able to help!
Our work with clients on risk management will be a two-step process. First, we will assess whether you need an insured product at all, or would be better off self insuring the risk.
Then, we will put together a range of options for you to consider.
The risk management strategies work in tandem with the investment strategies. As assets are accumulated, the need for certain types of insurances changes. Virtual Galt will stand ready to serve as your trusted advisor in the risk management maze.
On the political front, Virtual Galt will support sensible risk management reform efforts and encourage consideration of self-directed retirement solutions, especially for those under age 35.