Risk Management

At Vision Financial Planning, we work with our clients to help them protect themselves and their loved ones with effective risk management.  As a CFP®, Lan Shaw, with her team, will review you and your family’s needs to help identify appropriate insurance options throughout your lifecycle. For some clients, the best fit might be term insurance, for others a whole life policy, and for many a long-term care policy is an important part of their overall retirement planning. We have access to a full range of insurance and annuity options to help you manage financial and other risks as described below.

Asset protection planning manages risks to your wealth. Lawsuits, accidents, property damage, and other financial risks are facts of everyday life and asset protection planning looks to transfer the risk of these events through:

  • Insurance
  • Repositioning asset ownership
  • Other protections available under the law

Starting and running a business carries its own set of risk exposures. Certain factors can have a huge impact on how safe your personal and business assets are from risk. These include:

  • The type of business entity you choose
  • The state you choose to do business in
  • How you manage your business
  • Your human resources
  • Your taxes

Business risk management identifies your options for handling these risks.

Both genetics and lifestyle affect your risk profile. Being overweight, eating poorly, failing to exercise, smoking, driving unsafely, and not wearing a seatbelt will increase your insurance premiums. On the other hand, making healthier lifestyle decisions can help to reduce your insurance premiums.

Although you have no control over your genetics, you do have control over how you live your life. Educate yourself on how making healthy choices can not only improve your general health and wellness, but can also have a direct impact on your health care costs.

Fixed insurance products and services offered through CES Insurance Agency