Financial Planning

Planning for Life

manwomanEach day we face difficulties in managing our finances. Inflation, taxes, debt, changing interest rates, and stock market swings – their effect can be unsettling. One thing we can be certain of is that the future will come, whether we are financially ready or not.

A US Insurance Auditors Financial Planner can help you achieve your goals and will give you the guidance to:

  • Help reduce taxes*
  • Save for retirement
  • Decide how to invest
  • Help you develop strategies to manage your debt
  • Determine proper insurance coverage
  • Offer custom-designed programs to try to achieve your special goals… buying a home or condo, retiring early, financing your child’s education and more

As a client, you and your Financial Planner will develop a confidential relationship and follow a 6 Step Plan to ensure that your objectives will be identified.

Planning Isn’t Impossible

The beauty of your plan will be your ability to change it. This kind of flexibility is to your advantage because your goals will change as time goes by. There’s no need to put off planning. The time is now. Creating a plan with a professional Financial Planner from US Insurance Auditors will help you to know where you want to be and how you’re going to get there. Isn’t now the right time to start planning for your life?

6 Step Plan

US Insurance Auditors financial planning service has six steps:

Step 1: No Obligation Discovery Interview. At this meeting, a specially trained Financial Planner will listen to your financial concerns and discuss what financial planning can do to help you achieve your financial objectives.

Step 2: Gather Information. If you decide to purchase financial planning services from us, we move on to the next and most important step: data gathering. This is where we learn about all of your financial goals, objectives, assets, liabilities, income, expenses and other relevant information. The foundation of a sound financial plan is having a clear understanding of who and what you are. This information is kept strictly confidential.

Step 3: Analysis and Development. A preliminary analysis of the information about you is prepared. This includes reviewing all of your objectives and determining if they are feasible. Your planner may consult, with your permission, with your attorney, accountant, or other adviser to make sure the data is complete.

Step 4: Plan Presentation and Delivery. After all of the alternatives and information is analyzed, a final plan will be presented to you. The final plan is a written document prepared especially for you by your planner. It contains specific recommendations designed to help you meet your financial goals and objectives.

Step 5: Implementation. Your US Insurance Auditors planner , will explain how you can act on the specific recommendations in your financial plan by purchasing financial products. Financial products may be purchased at any institution you choose.

Step 6: Monitor and Update as Needed. In life, one thing is constant: change. Each year, and perhaps more frequently, your income, investments, assumptions, and objectives will change. This is why your US Insurance Auditor Planner stands ready to monitor and update your plan as needed.

Your Goals & Objectives

Your financial planner can help you reach your goals:

  • I want to make sure that my family is financially protected should something happen to me.
  • I don’t mind paying taxes, but I want to keep more of my money for me.
  • I want to prepare for funding my children’s education as best as possible.
  • I don’t want to worry about running out of money during my retirement.
  • I want to keep control of my decisions when I retire.
  • I want to maintain a certain lifestyle when I retire.
  • When it comes to my investments, I want to know that I am “on track.”
  • When the time comes, I want to make sure that my money and my things go where I want them to go.
  • My business is important to me, so I want to make sure it is protected.

Life Insurance

Life insurance can be an important part of your personal safety net, especially if you have financial dependents. US Insurance Auditors , can work with you to find easy and affordable life insurance solutions-so you know your loved ones will be taken care of.

Permanent Life Insurance

What is it?

Permanent insurance, including Whole Life Insurance, Universal Life Insurance and Variable Universal Life Insurance, can provide protection for your entire lifetime , or in certain instances up to a specific age-at which point the insurer pays the policy owner the cash value. Permanent life insurance policies can build a cash value-money that you can borrow against and in some instances, withdraw to help meet future goals, such as paying for a child’s college education.

umbrellaPermanent life insurance policies enjoy favorable tax treatment. Cash value generally grows on an income-tax deferred basis; that means that you pay no taxes on any earnings in the policy so long as the policy remains in force. Withdrawals or loans against the cash value are, in many cases, tax-free.

Who’s it for?

People who…

  • May need life insurance for a long term.
  • May be interested in accumulating policy cash value to provide funds for education, retirement or other future goals.
  • Want to take advantage of the tax-favored treatment of cash value life insurance policies.


  • Over time, permanent insurance may be more economical than term insurance since premiums do not increase with age and the policy can build a cash value.
  • Policy loans and withdrawals provide access to your cash value.
  • Earnings, and certain withdrawals and loans, may qualify for tax-favored treatment.
  • If you cancel the policy, the accumulated cash value, minus any surrender charges, is yours to use as you wish.

Things You Should Consider:

  • Permanent insurance is initially more expensive than term insurance.
  • Loans, including any unpaid loan interest, and cash-value withdrawals generally reduce the death benefit, which could leave beneficiaries inadequately protected.
  • If you cancel or surrender the policy, or it lapses, you may have taxable income to the extent that the total of cash value and /or distributions or withdrawals exceed your basis in the policy.


Term Insurance

What is Term Life Insurance?

Term life insurance is generally the least expensive and least complicated type of life insurance. It provides insurance protection for a specified period of time, such as 10, 20 or 30 years. If you die within the term period and the policy is in force, a death benefit is paid to your beneficiary. If you are still living at the end of the term, protection ceases unless your term life insurance policy is renewed. There is no “accumulation” element, or cash value with term life insurance.

Who’s it for?

  • People with a temporary need for life insurance protection.
  • Those who need a large amount of insurance protection but have limited budgets.
  • People with specific business needs (e.g., business owners who want to cover the life of a key employee who has a set number of years until retirement).

Benefits of Term Life Insurance:

  • It provides insurance protection for a low cost (at least initially).
  • If your needs change, most term life insurance policies allow you to convert to a permanent life insurance policy without having to take a medical exam or provide other information about your health.
  • Term life insurance is a good way to supplement other coverage when you have added financial responsibilities for a given period of time (e.g., mortgage, college expenses).
  • Death benefits are generally received free from income tax.

Things You Should Consider:

  • Premiums generally increase with age and they could become unaffordable later in life. There is no cash-value element with term life insurance, so you miss the tax-deferred growth of the cash value of permanent life insurance policies, such as Whole Life Insurance.
  • Once the term period expires, unless you renew your policy, the insurance coverage ceases and the policy has no further value