High net worth insurance is about more than protection; Dowd Wealth Management can help you establish it as an asset in your portfolio. With our collection of HNW risk services, we provide personal security for high net worth individuals, allowing you peace of mind for the health of you and your family.
There are many misconceptions about life insurance, including who should have it and how much it costs. It’s also something you should review periodically as your life situation changes. For HNW individuals, it can act as more than a method of income protection, it can actually deliver good rates of return and provide liquidity to offset liability for estate tax. We can help you establish a life insurance plan that acts as a key component in your wealth transfer plan.
Disability Insurance and Long-Term Care (LTC) Insurance
Disability insurance (DI) protects your greatest asset—your ability to work and earn a living for your family. We will ensure you get the DI payments you require if you’re suddenly unable to work; it can cover everything from total disability to short recovery periods and rehabilitation stints.
Long-term care insurance is much more popular among HNW clients than others, but some still believe they don’t need a policy due to the high cost or a history of good health. Unfortunately, a major health crisis can strike at any time and quickly chip away at the savings you’ve spent a lifetime creating. The experts at Dowd Wealth Management can help you find a plan within your price range that provides the protections you need.
Our estate planning team uniquely tailors plans to each of our individual clients, to protect and manage your asset base in the event of your incapacitation or death. These services include writing a will, limiting estate taxes through trust accounts, naming estate executors, establishing power of attorney and more. While this process involves contemplating the unpleasant, our experts can make it a rewarding undertaking to allow you to better understand your own assets and ambitions.