TAKING THE GUESSWORK
OUT OF

YOUR PLAN

TAKING THE GUESSWORK
OUT OF

YOUR PLAN

ABOUT US

We are pleased to welcome you to the Core Four Retirement and Insurance Services website. As one of the largest independent agencies in the state, be assured that you have chosen an agency that will serve you in the wake of financial losses associated with illness and death today, as well as protecting your retirement today and in the future.

Since 2010, Core Four Retirement and Insurance Services has provided seniors with innovative solutions for their Medicare, Retirement and Estate Planning needs. Our prompt and courteous service has allowed us to enjoy a reputation as a client oriented agency dedicated to providing quality Financial Planning solutions.

We encourage you to explore our website and learn more about the services we provide. 

 

TOMMY PADGETT

Managing Partner

MICHAEL BIGGS

Partner

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KEVIN KIGER

Partner

SERVICES

LIFE INSURANCE

MEDICARE SUPPLEMENT

LONG-TERM CARE

RETIREMENT PLANNING

 

OUR COMMITMENT

As one of the largest independent agencies in the state, our experience in Medicare, Long-Term Care, Life Insurance and Retirement Planning is unparalleled. Law Firms, Estate Planning Firms, and Insurance Companies routinely retain our services as consultants for their clients Estate Planning needs.

LIFE INSURANCE

Single premium life insurance is essentially whole life insurance which requires one initial lump sum payment; it is cash value life insurance that covers an insured for their entire lifetime. Depending on the age of the policy holder, a lump sum premium payment will typically secure several times that amount in coverage immediately.

A single premium life insurance policy can increase significantly over time, making it a smart investment choice with tax deferred benefits. This type of life insurance offers a variety of investment choices, tax advantages on both earnings and death benefits, and even access to your money if needed down the road. Lastly, single premium life insurance is not only a wise investment opportunity but it provides a death benefit to your beneficiaries upon your death with a potential for growth.

Some SPL policies will give you tax-free access to the death benefit to pay for long-term care expenses. This feature can help protect your other assets from the potentially overwhelming cost of long-term care. The death benefit remaining in the policy when you die will pass income-tax free to your beneficiaries. And if you don't use any of it, the money will go to your loved ones just as you had originally planned. Therefore, your SPL plan allows you to cover your long-term care needs as required, but still leaves the maximum possible amount of your death benefit intact for your dependents.

Life Insurance is a very broad subject that has different solutions for everybody. We have the ability to build a plan that best suits you and your family, whether its as simple as Burial Insurance or Income Replacement, or as complex in-depth Estate Planning. 

 

MEDICARE SUPPLEMENTS

  1. Are you concerned about Medicare's ability to cover all your medical expenses?
     

  2. Do you understand the need for supplemental insurance, but find the Medicare Supplement options for your needs by helping you understand your options.
     

  3. Contact us today and we can help you better understand the often confusing world of Medicare Supplements.

Are You Confused by Medicare Supplement Options?

 

A Medigap policy is health insurance sold by private insurance companies to fill the "gaps" in Original Medicare Plan coverage. Medigap policies help pay some of the health care costs that the Original Medicare Plan doesn’t cover. If you are in the Original Medicare Plan and have a Medigap policy, then Medicare and your Medigap policy will pay both their shares of covered health care costs.

 

LONG TERM CARE

Long Term Care Insurance

Long Term Care insurance provides benefits for individuals who cannot complete everyday tasks without assistance, due to reduced physical and/ or intellectual functioning. These services can be rendered at home, in the community, or in a residential facility.


LTC Insurance Benefit Considerations

When purchasing LTC Insurance you must make three main decisions:
 

  • Daily Benefit is the amount of money you will receive from the insurance company on a daily basis for your care. You usually can select up to $400-500 per day. Find out what the current cost of care is in your area to help you decide what daily benefit you want. 
     

  • Benefit Period is the length of time you will receive payments from the insurance company once you need care. You usually can select a specific number of years or lifetime plans are also available. The average length of stay in a nursing home is 2 1/2 to 3 years. Note: A three year plan will be less expensive than a lifetime plan.
     

  • Elimination Period (deductible) is the number of days that you will be responsible for paying for your care before the insurance begins to pay. This works like most insurance deductibles except it is stated in a number of days instead of dollars. Most plans have a variety of options like 0 days, 20 days, 60 days, or 100 days

 

RETIREMENT PLANNING

Our specialty in Retirement Planning is providing an income for life while avoiding market volatility. Our programs protect against market risk while providing guarantees that you and your family will appreciate when it comes time to retire.  For a free consultation, please contact us to set up an appointment.