Tones Insurance & Financial Services
Insurance and financial information and consultancy services
Health & Dental
Health Insurance covers the insured against loss by illness or bodily injury. Health insurance provides coverage for medicine, visits to the doctor or emergency room, hospital stays and other medical expenses. Policies differ in what they cover, the size of the deductible and/or co-payment, limits of coverage and the options for treatment available to the policyholder. Health insurance can be directly purchased by an individual, or it may be provided through an employer.
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Annuity
An annuity is an insurance product that pays out income, and can be used as part of a retirement strategy. Annuities are a popular choice for those who want to receive a steady income stream in retirement.
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Click here to read: "A Guide To Avoiding Common Annuity Mistakes" brochure.
​Secondary Market Annuity
Often, individuals are awarded annuities as a result of a lawsuit (such as a personal injury award) or winning a state lottery. Instead of a large one-time payment, they received a series of payments over time. Sometimes these individuals do not want to wait, or cannot afford to wait, years for their entire payouts. They can elect to sell their future payments to someone else in exchange for a lump sum payment today. The "resale" of these annuities are Secondary Market Annuities.
Life Insurance
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A life insurance policy is a contract with an insurance company. In exchange for premiums the insurance company provides a lump-sum payment, known as a death benefit (Face Value), to beneficiaries in the event of the insured's death. There are different types of life insurance which are designed for specific purposes.
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Final Expense
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A little planning now can go a long way towards protecting your family’s financial future. With the rising cost of funeral expenses and settling of debts such as credit card balances, car loans, and mortgages, an unexpected death can leave your loved ones burdened with unexpected bills. A Final Expense Life Insurance policy offers a cost-effective guaranteed whole life insurance, designed to pay benefits to help cover final expenses in the event of death.
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Tax-Free Retirement
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​A proper retirement income planning which will allows you to minimize taxes in retirement.
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Long-Term Care
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The average Ancient Greek lived until age 18. The median life span of a Puritan was 33. The average American life expectancy is now about 75 years for men, 84 for women. Chances are you'll live well into your 80s, your 90s and possibly even longer. 1 out of every 3 men, and 1 out of every 2 women may need some kind of care, either at home, assisted living or nursing home. If you need the care, who will pay for it? Knowing that Medicare won't pay for custodial care! Will you pay for the care by depleting your asset? Or asking kids and other family members to pay? Long-Term care Insurance is the solution.​
Medicare Plans
Health Insurance covers the insured against loss Medicare is the federal health insurance program for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease. The different parts of Medicare help cover specific services:
Medicare Part A (Hospital Insurance)
Medicare Part B (Medical Insurance)
Medicare Part C (Medicare Advantage Plans)
Medicare Part D (prescription drug coverage)
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Social Security Timing
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One decision can impact your retirement by tens of thousand dollars. Choosing the right Social Security election may be the most important decision of your retirement. Calculating an expected life time benefit largely hinges on when and how you elect benefits. And for married couples, the decision is much more complex.