PROLONG PLANS™
BUILDING DREAMS • SECURING FUTURES
BUILDING DREAMS SECURING FUTURES
with innovative life insurance strategies
Here at Prolong Plans, we leverage life insurance policies to create proactive financial strategies that enhance retirement readiness, manage healthcare costs, facilitate efficient wealth transfer, and ensure income continuity for a comfortable and worry-free future.
We specialize in tailored wealth preservation and life protection solutions for clients aged 40 and over, partnering with esteemed carriers committed to lifelong family financial planning.
ABOUT PROLONG PLANS™
Creating a legacy that lasts a lifetime is what we do at Prolong Plans.
As your trusted partner in the journey towards financial independence and generational wealth, we are committed to integrity, transparency, and exceptional service.
We understand how crucial it is to secure your financial future as soon as possible. To ensure you get the coverage and peace of mind you need, we offer a streamlined same-day approval process.
Our mission is to help our clients build and maintain generational wealth, ensuring prolonged financial security and prosperity for themselves and their families for generations to come.
We leverage strategies to prolong and maximize our clients' financial legacy with tailored life insurance policies, securing immediate and lasting plans for them and their families.
As we get older, it becomes increasingly urgent to ensure we have a well-defined long-term financial plan. An investment and financial plan that provides a secure foundation by age 40 leverages time, stability, and foresight.
here are some reasons why your financial future needs to be in place by age 40
Starting early allows your investments more time to grow through compounding. The longer your money is invested, the greater the potential returns. You should ideally have a significant portion of your retirement savings accumulated. This gives you more time to adjust contributions and investment strategies if needed.
With advancing age, healthcare expenses tend to rise. Financial planning ensures adequate savings to cover medical costs and long-term care needs.
Enables individuals to secure funds for long-term care expenses, and helps them to protect assets from the high costs associated with long-term care.
Planning ensures financial stability for dependents, including children's education expenses and support for aging parents.
Effective planning allows for the growth and management of assets, ensuring they are optimized for long-term financial goals.
Shields assets from creditors and legal judgments, preserving wealth for future generations or specific beneficiaries.
Prolonged financial plans facilitate the orderly transfer of assets and minimize tax implications through strategic estate planning.
Provides funds to pay off significant debts such as mortgages, car loans, or credit card balances, ensuring that your family is not burdened with these obligations.
Can help secure your children’s or grandchildren’s education by providing funds to cover tuition and other related expenses.
In some jurisdictions, annuities may offer creditor protection. This means that funds held within an annuity may be shielded from creditors' claims, providing an additional layer of asset protection.
Planning provides a safety net against unforeseen circumstances like job loss, disability, or other financial setbacks.
Ensuring financial resources are sufficient to maintain desired lifestyles and pursue personal goals throughout life.
Why Choose Prolong Plans™
You can start today to extend the impact of your life, both now and in the future with a Prolong Plan. Start with an innovative life insurance policy to lay a solid financial foundation for you and your family. Our expert team is here to help you with a Plan that is right for you.
Short & Long Term Benefits of Prolong Plans™
- Access To Many Financial and Insurance Carriers
- Financial Independence
- Financial Security for Dependents
- Wealth Accumulation and Preservation
- Tax Advantages
- Generational Wealth Stability
- Maintain Quality of Life through Retirement Income
- Peace of Mind and Stress Reduction
Prolonged financial planning for individuals aged 40 and above offers peace of mind, stability, and preparedness for both expected and unexpected financial challenges in the future.
Because we partner with over a dozen carriers, we are well-positioned to work in your best interest, ensuring your needs are met with the most advantageous policies, premiums, and plans.
SERVICES
Many reputable financial organizations frequently produce studies and reports that underscore the importance of early and consistent retirement planning, particularly for those aged 40 and above.
With an in-depth understanding of the unique financial challenges and opportunities facing our target demographic, we offer a comprehensive suite of life insurance products.
Our services are designed to meet the varied needs of our clients, from income replacement to debt protection to estate planning.
BELOW ARE OUR SERVICES – JUST CLICK TO READ MORE
Services
Income Replacement Insurance
An Income Replacement Insurance is a type of life insurance policy designed to provide financial support to the beneficiaries of the insured in the event of their death. The primary purpose of this insurance is to replace the income that the deceased policyholder would have earned, ensuring that their dependents can maintain their standard of living and meet financial obligations.
Services
Simplified Issue Life Insurance
Simplified Issue Life Insurance is a type of life insurance policy that is designed to provide coverage with minimal or no medical underwriting, making it accessible to individuals who may have health issues or prefer a quicker approval process.
Services
Final Expense Insurance
Final Expense Insurance, also known as Burial Insurance is a type of life insurance policy that is designed to cover end-of-life expenses, including funeral expenses, medical bills, estate taxes and other related costs, preserving your assets for your heirs.
Services
Customized Life Ins. Portfolio
Individuals and families can create Customized Life Insurance Portfolios tailored to meet their specific needs and financial goals. Unlike a one-size-fits-all approach, these portfolios are personalized based on various factors, including the policyholder’s age, health, financial situation, assets, risk tolerance, and long-term objectives. By carefully crafting a customized life insurance portfolio, individuals can achieve a comprehensive, flexible, and effective approach to life insurance that aligns with their specific needs and financial objectives.
Services
Long-Term Care Insurance
A Long-term Care Life Insurance, also known as Hybrid Life Insurance is a type of insurance coverage designed to help cover the costs associated with long-term care services, which are not typically covered by health insurance, Medicare, or Medicaid.
Services
Critical Illness Insurance
If you are diagnosed with a serious illness specified in the policy, Critical Illness Insurance provides financial protection. A critical illness policy helps cover the costs of treating severe illnesses and provides financial support during recovery. In times of illness, it can be an important addition to your financial plan. You receive a lump sum if you are diagnosed with a covered condition, such as cancer, heart attack, or stroke. Medical expenses, living costs, and other financial needs during your recovery can be covered by these funds.
Services
Mortgage Replacement Insurance
A Mortgage Replacement Insurance, also known as Mortgage Protection Insurance (MPI), is a type of life insurance policy specifically designed to pay off an outstanding mortgage balance in the event of the insured’s death. It ensures that the policyholder’s family or beneficiaries can remain in their home without the burden of mortgage payments.
Services
Retirement Annuity Policy
An Annuity is an insurance policy and a versatile financial tool that provides tax-deferred growth, guaranteed income streams that can be tailored to individual retirement needs, offering security and peace of mind. It provides periodic payments, typically for retirement income and can be structured to payout immediately or at a deferred future date.
Services
Regular Life Insurance
Regular Life Insurance are traditional life insurance products that typically involve a more comprehensive underwriting process, including a comprehensive health questionnaire and detailed medical history review.
Services
Medicare Supplement Insurance
Medicare Supplement Insurance, or Medigap is a private health insurance that supplements Original Medicare (Part A and Part B). Medigap is designed to fill the gaps in Original Medicare coverage. It covers out-of-pocket costs like copayments, coinsurance, and deductibles. Additionally, some Medigap policies may cover emergency medical expenses when traveling outside the United States.
Services
Cancer Insurance Policy
A Cancer Insurance Policy is a specialized health insurance plan designed to provide financial support specifically for the costs associated with cancer diagnosis and treatment. This type of insurance offers a lump-sum benefit or reimbursements for various expenses that arise from cancer care, supplementing other health insurance coverage.
Services
Disability Insurance Policy
Disability insurance can replace lost income in the event of an injury, illness, or accident that compromises one’s ability to work. There are two main types of disability insurance – short-term and long-term. An expert can help you determine the amount of disability insurance you and your family need, even if you have disability insurance through your employer.
Services
Income Replacement Insurance
An Income Replacement Insurance is a type of life insurance policy designed to provide financial support to the beneficiaries of the insured in the event of their death. The primary purpose of this insurance is to replace the income that the deceased policyholder would have earned, ensuring that their dependents can maintain their standard of living and meet financial obligations.
Services
Simplified Issue Life Insurance
Simplified Issue Life Insurance is a type of life insurance policy that is designed to provide coverage with minimal or no medical underwriting, making it accessible to individuals who may have health issues or prefer a quicker approval process.
Services
Final Expense Insurance
Final Expense Insurance, also known as Burial Insurance is a type of life insurance policy that is designed to cover end-of-life expenses, including funeral expenses, medical bills, estate taxes and other related costs, preserving your assets for your heirs.
Services
Customized Life Ins. Portfolio
Individuals and families can create Customized Life Insurance Portfolios tailored to meet their specific needs and financial goals. Unlike a one-size-fits-all approach, these portfolios are personalized based on various factors, including the policyholder’s age, health, financial situation, assets, risk tolerance, and long-term objectives. By carefully crafting a customized life insurance portfolio, individuals can achieve a comprehensive, flexible, and effective approach to life insurance that aligns with their specific needs and financial objectives.
Services
Long-Term Care Insurance
A Long-term Care Life Insurance, also known as Hybrid Life Insurance is a type of insurance coverage designed to help cover the costs associated with long-term care services, which are not typically covered by health insurance, Medicare, or Medicaid.
Services
Critical Illness Insurance
If you are diagnosed with a serious illness specified in the policy, Critical Illness Insurance provides financial protection. A critical illness policy helps cover the costs of treating severe illnesses and provides financial support during recovery. In times of illness, it can be an important addition to your financial plan. You receive a lump sum if you are diagnosed with a covered condition, such as cancer, heart attack, or stroke. Medical expenses, living costs, and other financial needs during your recovery can be covered by these funds.
Services
Mortgage Replacement Insurance
A Mortgage Replacement Insurance, also known as Mortgage Protection Insurance (MPI), is a type of life insurance policy specifically designed to pay off an outstanding mortgage balance in the event of the insured’s death. It ensures that the policyholder’s family or beneficiaries can remain in their home without the burden of mortgage payments.
Services
Retirement Annuity Policy
An Annuity is an insurance policy and a versatile financial tool that provides tax-deferred growth, guaranteed income streams that can be tailored to individual retirement needs, offering security and peace of mind. It provides periodic payments, typically for retirement income and can be structured to payout immediately or at a deferred future date.
Services
Regular Life Insurance
Regular Life Insurance are traditional life insurance products that typically involve a more comprehensive underwriting process, including a comprehensive health questionnaire and detailed medical history review.
Services
Medicare Supplement Insurance
Medicare Supplement Insurance, or Medigap is a private health insurance that supplements Original Medicare (Part A and Part B). Medigap is designed to fill the gaps in Original Medicare coverage. It covers out-of-pocket costs like copayments, coinsurance, and deductibles. Additionally, some Medigap policies may cover emergency medical expenses when traveling outside the United States.
Services
Cancer Insurance Policy
A Cancer Insurance Policy is a specialized health insurance plan designed to provide financial support specifically for the costs associated with cancer diagnosis and treatment. This type of insurance offers a lump-sum benefit or reimbursements for various expenses that arise from cancer care, supplementing other health insurance coverage.
Services
Disability Insurance Policy
Disability insurance can replace lost income in the event of an injury, illness, or accident that compromises one’s ability to work. There are two main types of disability insurance – short-term and long-term. An expert can help you determine the amount of disability insurance you and your family need, even if you have disability insurance through your employer.
In addition to providing competitive rates and a variety of insurance options, we leverage our extensive network of carriers to ensure that our clients receive the best value and coverage possible.
Get additional information on the type of policy you are looking for.
CONTACT
Clients rely on our team of experienced advisors to help them navigate the complexities of life insurance and make informed decisions aligned with their long-term financial goals.
Please reach out to our agent for more details and personalized assistance in developing a financial plan with selective life insurance policies tailored to your needs.