At KCCU Wealth Solutions we believe that insurance should be viewed in two ways: first as a risk minimization tool and secondly as a wealth building tool. We all know the emotional turmoil an individual goes through when they lose a family member, either suddenly or from a prolonged illness. The last thing anyone wants to do is deal with the negative financial consequences which can occur if you are not prepared. Serious health problems, either through disability or critical illness, can also significantly alter your financial situation. This is where traditional forms of life insurance can address the needs of those left behind.
As a wealth building tool, insurance can be used to provide an ongoing legacy for your children or community. It can also be used to assist in the education of your children, shelter a portion of your wealth that you would otherwise pay tax on, and ensure a guaranteed income stream in retirement.
KCCU Wealth Solutions provides a full Needs Assessment in order to determine how this important financial tool can be used in the most beneficial way to provide for your future and the future of your family.
KCCU Wealth Solutions is a program provided by Credential Financial Strategies Inc. offering financial planning, life insurance and investments to members of credit unions and their communities. Trademark(s) of KCCU Wealth Solutions are used under licence by Credential Financial Strategies Inc.