Ian Filippini Santa Barbara
Insurance – An Important Part of Financial Planning For People Residing In Santa Barbara
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Ian Filippini Santa Barbara knows most people are now planning their finances to invest in the real estate market in Santa Barbara. However, according to Ian Filippini, the president of Filippini Financial Group, if you are living in Santa Barbara, planning the financial aspect of your insurance should not be neglected. As part of numerous wealth management services offered by Ian Filippini, he also explains the importance of planning your insurance from a financial perspective.
Risk Management and the Need for Insurance
Although, risk management is usually ignored in financial planning, Ian Filippini illustrates how it affects the overall wealth management of your family. What sort of risks is the president of Filippini Financial Group, talking about?
- Risks to one’s health are often perceived as remote. However, failure to discuss the probable deaths and disabilities of you and your family members may lead to severe financial losses for you and your loved ones. Ian Filippini as an eminent name in the city of Santa Barbara, for your wealth management solution, stresses on devising a contingency plan for such scenarios.
- There is a boom in the financial investments in the city of Santa Barbara. However, according to the president of Filippini Financial Group, the increasing incidences of frauds and other factors in this city can prove to be financially disastrous to you. Therefore, a risk management plan is critical.
Once people have decided to opt for a risk management plan, the solution to mitigate these risks is the proper financial planning of insurance and its use. Ian Filippini, talks about the need for special considerations on long-term insurances such as disability, life and property insurances. The process of acquiring these insurance services is complex and requires financial investment. Therefore, the well-known Filippini Financial Group, under the expertise of Ian Filippini Santa Barbara, also offers a comprehensive financial consulting plan for acquiring insurance in Santa Barbara.
Financially Planning Different Types of Insurance
The Filippini Financial Group incorporates brilliant ways to finance your insurance and cut down the financial requirements. This usually involves thorough research in the services offered by insurance companies compared to their costs, which falls under the expertise of Ian Filippini. He gives prime importance to a customized financial plan for your insurance for people living in the city of Santa Barbara.
1. Liability Insurance
This type of insurance is also often referred to as umbrella liability coverage and is used for the protection of assets. When all other arenas covering the lawsuits and personal liabilities have been exhausted, liability insurance is utilized. Ian Filippini encourages including liability insurance in the financial planning of the residents of Santa Barbara, because most of them possess considerable assets and have high incomes. The wealth management plan with the president of Filippini Financial Group includes this type of insurance, which can help you lower costs as high as $1 million to just a few hundred dollars per year!
2. Health Insurance
Filippini Financial Group offers the residents of Santa Barbara a customized financial plan to gain the best health insurance apart from what their employers provide them. This plan is based on extensive financial research on the following parameters of insurance companies:
- Coverage choices,
3. Life Insurance
Life insurance is not only used in cases of death according to the common belief of people living in Santa Barbara. It can also be used for financially planning your retirement, which is an important aspect of securing your future by a comprehensive wealth management plan. Financial planning for life insurance offered by Filippini Financial Group includes:
- Cash flow,
- Discretionary income
4. Long-term Insurance
Most people living in Santa Barbara need special attention in managing their finances for the long-term insurance. The population of this city is comprised of aging adults, and therefore a secure plan tailored with good financial guidance is required for many of its citizens. The excessive burden of costs of nursing homes or personal health care provided at home, can lead to disastrous economical downfall for the family in later years.
Filippini Financial Group manages the financial aspect of the insurance of people living in Santa Barbara. This plan is tailored according to the individual financial situation and need. Ian Filippini Santa Barbara encourages the increasing population of this city to pay close attention to their insurance while planning their wealth management tools to ensure a secure future for their family and themselves.