A policy is only as good as how well it fits your life right now.
Jobs change, families grow, and assets accumulate, but coverage rarely gets revisited to keep up. Let’s see where yours stands today.
Insurance & Risk Management Services
from our South Carolina and Tennessee offices, serving clients nationwide.
Coverage Review & Coordination
Ensure your insurance coverage reflects your current life, assets, and risk exposure, and coordinate with your insurance agents and other advisors.
Services Include
- Comprehensive coverage reviews
- Coordination with insurance agents and carriers
- Recommendations after major life events
- Ongoing policy monitoring
Life Insurance Planning
Determine the right type and amount of coverage to protect your family and financial goals.
Services Include
- Coverage needs analysis
- Term vs. permanent life insurance evaluation
- Policy review for existing coverage
- Beneficiary designation review
Long-Term Care Planning
Prepare for the potential cost of extended care later in life.
Services Include
- Long-term care needs analysis
- Traditional vs. hybrid long-term care policy evaluation
- Self-insurance vs. insurance-based strategies
- Coordination with retirement and estate plans
Other Consulting
Additional coverage areas that round out a complete financial plan, addressed as needed.
Services Include
- Disability income protection and coverage gap review
- Liability, property, and umbrella coverage analysis
- Business and key person insurance, including buy-sell funding
Centaurus Financial, Inc. and its representatives do not provide legal or tax advice. Please consult your own legal or tax professional regarding your specific situation.
Do You Need an Insurance & Risk Review?
You haven't reviewed your coverage in years
Policies purchased long ago may no longer reflect your income, assets, or family situation.
You've had a major life change
Marriage, a new child, a home purchase, or a new job can all shift your coverage needs.
Your income supports others who depend on it
A spouse, children, or aging parents may be financially exposed without the right coverage in place.
You have significant assets to protect
Growing net worth often means growing liability exposure that basic policies don't cover.
You're a business owner
The loss of an owner or key employee can create financial strain without the right protection in place.
You're concerned about future long-term care costs
Extended care can be a significant expense that most standard health coverage doesn't address.
Everyone's risk picture looks different. Reach out and we'll help take a closer look at yours.
Insurance Planning FAQs
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How do I know if I have the right amount of life insurance?
The right amount depends on factors like your income, debts, dependents, and other assets, not a generic multiple of your salary. We run a needs analysis based on your specific situation so you're neither underinsured nor paying for more coverage than you need.
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How does life insurance work?
In simple terms, you pay premiums to an insurance company, and in exchange, the policy pays a death benefit to your beneficiaries if you pass away while the policy is in force. Some policies also build cash value over time that you may be able to access while living, depending on the type.
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What’s the difference between term and permanent life insurance?
Term insurance covers you for a set period, like 20 or 30 years, and is generally the lower-cost option for pure protection. Permanent insurance covers your entire life and can build cash value, but usually comes with higher premiums. The right choice depends on your goals and budget.
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Do I need disability insurance if my employer already provides some?
Employer-provided coverage is often a helpful starting point, but it frequently replaces only a portion of your income and may not follow you if you change jobs. We review your existing coverage to identify any gaps and whether additional individual coverage makes sense.
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What does an umbrella policy actually cover?
An umbrella policy adds an extra layer of liability protection above the limits of your home and auto policies, covering things like lawsuits or major claims that exceed those underlying limits. It's generally an affordable way to protect assets you've worked hard to build.
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Is long-term care insurance worth it?
It depends on your health, family history, other assets, and how you'd want to pay for care if you needed it later in life. For some people, dedicated long-term care coverage makes sense; for others, self-funding or a hybrid approach fits better. We help you weigh the options against your overall plan.
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How often should my coverage be reviewed?
At least every few years, and any time you experience a major life change, like a new home, a new child, a business, or a significant increase in assets. Coverage needs shift over time, and a policy that made sense years ago may no longer fit.
