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At our Wealth and Asset Management Firm in the heart of Houston, we redefine the art of financial stewardship. We understand that your wealth is more than just numbers on a balance sheet, it''s a manifestation of your dreams, aspirations, and the legacy you wish to leave behind. That''s why we don''t just manage assets, we cultivate prosperity. Our approach is rooted in a deep commitment to understanding your unique financial journey. We take the time to listen, learn, and customize strategies that align with your goals. Whether you''re an individual investor looking to secure your future, a family striving for generational wealth, or a business seeking financial stability, we have the expertise to guide you.
Short Term Income Protection cover pays out if you are unable to work due to illness or injury, however it will not pay out in the case of redundancy. The primary difference between an Income protection insurance policy and Critical Illness Insurance policy is the amount and frequency of pay out.In an Income protection claim the pay out is periodic and generally a percentage of earnings usually 60% to 70% paid out on monthly basis and the said payment are exempt from tax, as compared to Critical Illness claim which makes a one-time lump sum pay out.The pay out under Income Protection policy begins after the end of a pre agreed period know as a deferral period, the shorter the deferral period the higher the premiums, the usual deferral period is between 13 to 26 weeks. While seeking Income protection cover, it is essential to check with your employer the cover they have in place to support you as an employee for the time off work.