We are your trusted partner
We are fully independent which means we are loyal to our clients, not the companies we represent. When you choose to work with us, you can rest assured that we will do all of the heavy lifting.
About Our Agency
Our mission is to empower our clients with the knowledge to make the best decisions for themselves, their families, and their businesses. We always put our clients first.
We review your complete financial plan
Investment professionals want to sell you investments. Insurance professionals want to sell you insurance. We want to understand your entire financial puzzle, not just one piece.
Trusted Advice
Solid Solutions
Individual Solutions
Life insurance is the foundation upon which a solid financial future is built. We represent some of the most well-known names in the industry to find the right solutions for you.
Do you have over $7,000 in unsecured debt? Credit cards? Medical bills? Student loans? Back taxes? You may qualify to work with one of our debt resolutions specialists.
Whether you just started your first job or are planning to retire after 40 years, we have the tools that can help you accumulate wealth and protect your hard earned savings.
College funding is one thing, but college planning involves: skills assessments, college applications, grant and scholarship assistance, and a host of other complex tasks which is why we partner with the Heartland Institute.
Home and auto insurance provide financial protection against unexpected events like accidents, theft, and natural disasters, ensuring that you can recover and rebuild without facing significant financial hardship.
We offer diverse dental and vision coverage to meet your budget and health needs. With online enrollment and rates based on location instead of age, you are sure to find the perfect fit.
Medicare is complicated. With an array of Medicare options and significant rate variations, we strive to simplify the process for you, and help you select the best choice.
You insure your home and your car—but your income and earning potential are more valuable than any possession. Think of disability income insurance as protection for your paycheck.
Business Solutions
Group benefits such as health, retirement, and wellness solutions, help to foster employee satisfaction, loyalty, and productivity while reducing turnover and keeping your business competitive.
Whether you're seeking general liability, workers compensation, auto, cyber security, or any other line of coverage, we are here to help you protect your business. We can tailor your coverage to make sure you're getting exactly what your business needs.
We aim to assist businesses in managing financial records, tracking expenses, and following tax rules. With our help, businesses can simplify financial tasks and make smart choices to grow and succeed.
Offer your employees a course taught by a CFEd® certified instructor. Whether your employees need help with retirement, cash flow planning, or debt management, or other important areas of financial education, we can help.
Read Our Latest Blog Posts
8 Benefits of Whole Life Insurance
8 Benefits of Whole life Insurance
Whole life insurance is a type of permanent life insurance that provides coverage for the entire
life of the insured, as long as the premiums are paid. Unlike term life insurance, whole life
insurance has a cash value component that grows over time, providing additional benefits to
the policyholder. Here are some benefits of whole life insurance:
1. Guaranteed death benefit: One of the main benefits of whole life insurance is that it
provides a guaranteed death benefit to the beneficiary upon the death of the insured.
This means that no matter when the insured passes away, the beneficiary will receive a
payout.
2. Cash value component: Whole life insurance has a cash value component that grows
over time. This means that as the policyholder pays premiums, the cash value of the
policy increases. This cash value can be borrowed against or used to pay premiums in
the future.
3. Tax-deferred growth: The cash value component of a whole life insurance policy grows
tax-deferred, meaning that the policyholder does not have to pay taxes on the growth
until the money is withdrawn.
4. Premiums remain the same: With a whole life insurance policy, the premiums remain
the same throughout the life of the policy. This means that the policyholder does not
have to worry about the cost of the policy increasing as they age.
5. Estate planning: Whole life insurance can be used as part of an estate planning strategy.
The death benefit can be used to pay for estate taxes, ensuring that the insured's assets
are passed on to their beneficiaries without having to be liquidated to pay taxes.
6. Dividends: Some whole life insurance policies pay dividends to the policyholder. These
dividends can be used to purchase additional insurance coverage or be taken as cash.
7. Coverage for life: Whole life insurance provides coverage for the entire life of the
insured, as long as the premiums are paid. This means that the policyholder does not
have to worry about their coverage running out as they age.
8. Loans: The cash value component of a whole life insurance policy can be borrowed
against. This means that the policyholder can take out a loan against the policy without
having to go through a traditional lender.
Whole life insurance provides a guaranteed death benefit, a cash value component
that grows tax-deferred, premiums that remain the same throughout the life of the policy, and
coverage for life. Additionally, it can be used as part of an estate planning strategy and may pay
dividends to the policyholder. Want to see if a whole life policy is right for you? Schedule a call with us!
Let's work together!
Start with a complimentary financial needs analysis. This will give you a chance to meet us and to see how we can help you achieve your dream.
Our Trusted Partners
Life - Annuity - Health
Home - Auto - Business
Our Trusted Partners
Life - Annuity - Health
Home - Auto - Business
Office:
450 St. John Rd. #2039
Michigan City, IN 46361
Call or Text:
219-259-5835
Email: [email protected]
Site:
www.bairandassociates.com