Our Services

Insurance Products & Services

An important component of creating a financial strategy that fits your needs is ensuring you have the proper insurance coverage in place and that it will meet the needs of today as well as in the future.

At First Source Financial, you will never have to figure that out on your own. Be it mortgage or family protection, income replacement, college savings, or supplemental retirement planning, we offer advice and knowledge in the insurance industry. We will help you navigate the complexities that can come with insurance considerations in order to best accommodate your needs and goals.

The objective of Individual Disability Income Insurance is to replace a portion of earned income lost due to a disability.

Policies provide monthly benefits to help pay for personal living expenses incurred during the disability, such as mortgage or rent payments, car payments, utilities and food. Properly structured, the benefits received can be income tax free. They can also fill the gap between what most group employer plans pay and the maximum amount available to you based on your income and occupation.

There is perhaps no other unexpected serious event in life that has the potential of causing serious, if not irreversible consequences, to a family than a need for care over an extended period of years.

This coverage is for the people you said you would take care of, but instead they would have no choice but to give up all or part of their lives to take care of you. This is not nursing home only coverage. In fact, some 90% of claims are for home-based care. The average claim lasts for 36 months. According to an October 15, 1996 report, 40% of sole caregivers predeceased the person they were caring for. There are many options to address this concern. At First Source Financial, we help you consider all of the coverage options as well as aiding in identifying potential sources of funding.

If you are an independent financial advisor, an Enrolled Agent, accountant, or C.P.A., if your area of focus is property and casualty or health insurance and you have or are willing to obtain a life insurance license, we can show you proven ways to increase your revenue utilizing your existing client base.

At First Source Financial, we offer various levels of education, marketing, and point-of-sale support to assist in the growth of your firm. The client relationship remains completely yours and there is no sharing in compensation. Any renewal income, if any, is 100% yours.

QUALITY PRODUCTS FROM EXCEPTIONAL COMPANIES:

Allianz - Banner Life - Securian - Principal

John Hancock - Lincoln Financial - North American - Nationwide

Prudential - Mutual of Omaha - Transamerica - Symetra

Financial Planning Services

Our mission is to ease your worries and to help you create a sound and stable strategy for your retirement utilizing tax efficient vehicles, guaranteed income streams, and protection in the event of an extended care event.

As Part of The First Source Financial process, we'll help you create a plan that balances:

Daily Living Expenses
Factoring in Pension Withdrawal Strategies
Factoring in both Expected and Unexpected Medical Expenses
Planning your Social Security Benefits for Maximum Results (Social Security can add $1M to your retirement fund)

Let us teach you how to maximize retirement income by implementing a properly structured, I.R.S. approved, strategy designed to increase income on a tax-free basis with no risk of market loss.

Additional features allow for access to your money at any time (no five-year holding requirement; no penalty prior to age 59 ½), for any reason, no income limitations, along with funding patterns in excess of qualified plan limitations.

We can review your current annuity to see if there is a more suitable, lower-cost option, available that might provide you with more competitive rates.

A life insurance policy review evaluates your existing permanent life coverage. We analyze your existing coverage, the reasons for its initial purchase, your current needs and goals, and any changes to your health - good or bad - to make sure you are optimizing the overall benefit and cost effectiveness of your coverage. This is a comprehensive, unbiased service offered at no cost to you.