The Donahughs have lead clients through the tense decision-making of planning for business succession and creating a sustainable lifestyle after all is said and done. The Donahughs pay particular attention to their clients' income streams before and after the sale or transfer of their businesses.
Life insurance is an agreement between you and an insurance company that the company will pay your beneficiaries a tax-free benefit if you die within the conditions of the policy.It can serve as financial protection for your loved ones who would lose your income in the event of your death.
Life insurance is an agreement between you and an insurance company that the company will pay your beneficiaries a tax-free benefit if you die within the conditions of the policy.It can serve as financial protection for your loved ones who would lose your income in the event of your death.
Services
Chris Donahugh, president and founder of Orange County-based financial firm Donahugh Associates, performs wealth management services and specializes in family operated businesses. Chris followed in the footsteps of his father, Dick Donahugh, a financial advisor influential in family owned businesses.
Few people realize that their most valuable asset is their ability to earn an income. Like any asset it is important to obtain the necessary protection on that asset. With this mind set, any unforeseen events which may endanger one's ability to earn a paycheck need to be accounted for. Fortunately, such protection is available in the form of Disability Income Insurance (DI).
Annual Statement: A document provided by the insurance company to the policy owner every year detailing a policy's performance. Figures reported may include: account values, premiums paid, etc. It is important to review your Annual Statement when it is received. Application: A written paper or electronic provided by an insurance company that is completed by the insurer's agent, the insured, and in many cases also by the medical examiner.
Nobody likes to imagine what life would be like if they were to become disabled. For example, someone who suddenly became disabled may have to foreclose on their house or declare bankruptcy because they became unable to pay their expenses. The loss of income can be devastating financially. That's why it is important when meeting with your financial planner that you learn about the best policy options for you.
Disability insurance is an insurance policy that provides protection against mental or physical injury that would disable you from earning a paycheck. A disability insurance policy would provide benefits in the form of payments relative to your lost income. The benefits of a DI policy are payable after a specific period of time and are payable for a specified period of time as defined in the policy.
Reviews
Be the first to review Donahugh Associates.
Write a Review
