Insurance Planning
PROTECTING YOUR FUTURE
Healthcare and longevity are two of the biggest “wildcards” in retirement—one unexpected illness or extended care need can threaten even the best-laid plans. That’s why Summit Retirement Solutions puts insurance planning at the heart of every retirement strategy. Our Insurance Planning service addresses those critical “what-ifs”—from navigating Medicare decisions to planning for long-term care costs—so an accident or illness doesn’t jeopardize your nest egg or peace of mind. With Summit, you get clarity, a custom strategy, and the confidence that you’re covered, no matter what life brings.
COMPLETE COVERAGE STRATEGY
How We Guide Your Retirement Insurance Decisions
Summit helps you make informed insurance choices as part of your holistic retirement plan.
- Medicare Planning:
We guide you through Medicare Parts A, B, and D, evaluate Supplement vs. Advantage plans, help with enrollment timing, and explain how your income may impact premiums—all tailored for Connecticut rules and options. - Long-Term Care (LTC) Planning:
Explore LTC insurance, hybrid life/LTC policies, or alternative strategies to prepare for nursing home and home care costs, which can be significant in Connecticut. - Life Insurance Review:
Assess whether you still need existing policies, evaluate coverage amounts, and explore using life insurance for legacy or as an income asset (e.g., Section 7702 cash value policies). - Annuities and Income Insurance:
Evaluate if an annuity or income guarantee product fits your situation, helping ensure a steady income no matter what the markets do. - Integrated, Not Piecemeal:
All insurance recommendations are made in the context of your overall retirement plan, never as isolated “products.” You get a coverage strategy that fits your needs and budget. - Education & Empowerment:
We simplify complex insurance and Medicare topics, so you feel empowered—not overwhelmed—at every decision point.
HEALTH & WEALTH SAFETY NET
Retirement Insurance Planning Built Around You
Summit’s insurance planning service gives you a clear, integrated safety net for your retirement. You’ll worry less about unexpected medical bills or long-term care costs derailing your plans. By making informed Medicare and insurance decisions, you gain protection for your family and your finances—so a health crisis doesn’t become a financial one. Every policy or strategy we recommend has a clear purpose, whether it’s for income, legacy, or essential protection, so you can move forward confidently into retirement.
How we can make a difference
Why Trust Summit With Your Insurance Planning?
Holistic, Fiduciary Guidance
Connecticut Medicare & LTC Knowledge
Clarity on Complex Topics
INSURANCE & HEALTHCARE QUESTIONS
Insurance Planning FAQs
How can I plan for healthcare costs in retirement?
We project your healthcare needs, help select Medicare and supplemental coverage, and explore long-term care insurance or asset-based plans to protect against high expenses.
Do I need long-term care insurance if I’m 60?
Long-term care insurance is worth considering in your early 60s, as premiums and qualification get tougher with age. We help evaluate if LTC insurance, hybrid solutions, or self-funding are best for you.
What’s the best way to handle Medicare enrollment and choices?
Summit guides you through every decision—Parts A, B, D, supplement plans, enrollment deadlines, and income-related premiums—so you avoid penalties or gaps.
Should I keep my old life insurance policy in retirement?
We review your current policies, ensuring your coverage matches your legacy and income goals. Sometimes policies can be repurposed or adjusted to better serve your needs.
Can annuities provide guaranteed retirement income?
Certain annuities can provide a reliable income stream for life. Summit reviews if these fit your plan, and explains all costs, guarantees, and alternatives as part of your overall retirement strategy.
