COPYRIGHT 2023. FORTRESS MEGA, LLC. ALL RIGHTS RESERVED.
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Disability insurance- OFTEN OVERLOOkED
Your ability to earn a living is the most important asset that you own. However, few people understand what coverage they have on their income. Income protection provided by an individual disability insurance policy replaces part of your monthly income if you become sick or hurt and cannot work. Fortress Mega works with our partners at Breeze to provide individual disability insurance.
Our thoughts around Disability Insurance
• Employer provided Disability Insurance is usually sufficient
• We suggest not overbuying Disability insurance. How much Disability Insurance do you have and how much do you need?
• As a general rule of thumb whatever monthly disability you need will be the annual cost for the policy
We usually recommend considering Disability Insurance for 6 scenarios
• Broad income replacement
• Appreciated assets are usually limited to 30% of AGI
• Replacing a certain amount of monthly expenses
• Buy/Sell Agreements
• Key Person
• Business Overhead Expense
DISCLAIMER:
Investment advisory services provided by Regal Investment Advisors LLC, an SEC registered investment adviser. Regal Investment Advisors is independent of Fortress Mega, LLC. Advisory services are only offered to clients or prospective clients where Regal and its representatives are properly licensed or exempt from licensure. SEC registration does not imply a certain level of skill or training. The information presented is general in nature and should not be considered to be investment, legal, tax, accounting, consulting, or any other professional advice. It is not a solicitation of, or an offer to buy or sell, any securities or advisory services. The purpose of the information presented on this website is to educate and inform. The content is developed from sources believed to be providing accurate information. In all cases, you should consult with a professional familiar with your particular situation for guidance concerning specific financial matters before making any decisions.
COPYRIGHT 2023. FORTRESS MEGA, LLC. ALL RIGHTS RESERVED.