What would you do if you were suddenly faced with a debilitating accident or illness rendering you incapable of earning income? How would you provide for your family in the face of such a crisis? Karsten Advisors can design a plan to protect you and your loved ones in the case of an unfortunate event. Through disability income insurance, life insurance and/or long-term care insurance, you can have the peace of mind knowing your family is protected.

An insurance policy that pays a portion of the insured's income in the event of a temporary illness or a permanent disability that prevents the insured from working.

A contract wherein the insured pays a premium to an insurance company in return for the company's promise to pay the beneficiary (or beneficiaries) a defined amount upon the death of the insured. Term life, whole life and universal life are three of the more common form of life insurance available.

This insurance is designed to safeguard against the costs associated with long term care by covering such expenses as nursing home care, in-home assistance, assisted living or adult day care.

Knowing the income and tax implications of each form of insurance can spell the difference between being protected and simply getting by.