A sound life insurance strategy can help protect your family from the financial consequences of challenging life events, and life insurance can still provide one of the most tax-advantaged methods to transfer wealth when it comes to estate planning. Life insurance has come a long way in the last decade. In addition to term and whole life insurance policies to protect loved ones against unexpected life loss, there are new products and policies designed to help cover other types of risks in a tax-advantaged manner.

As an independent firm, we have access to nearly every carrier and every kind of insurance, and we compare features and premium prices so that we know we’re making recommendations based on solid numbers. We read the fine print when it comes to policy terms and conditions. So whether it’s term, whole or universal fixed indexed annuity or a fixed life insurance policy, we will do the research to help you manage risk while potentially achieving other financial objectives.


New insurance policies, annuities and/or riders can create lifetime income in retirement, provide guaranteed* returns, provide for spousal transfer, cover long-term care expenses, protect against disability, can allow tax-free wealth distribution to heirs, and much more. At Hoskins Wealth Management, we sometimes recommend annuities as part of a balanced portfolio when it comes to risk management and retirement income. However, it is important to understand that not all annuities are alike. We take the time and effort to review the terms and conditions of these contracts before recommending them to our clients. We educate our clients on how the contract fits into the their overall financial picture.

An annuity is a contract between the consumer and insurance company.  This contract is only as good or bad as the terms and conditions.  Therefore, when someone says “I hate annuities”, what that individual is actually conveying is that he or she purchased an annuity with bad terms and/or conditions.  The truths are that not all annuities are good, nor all are bad.  The difference between the two lies in the details.

*Guarantees are provided based on the financial strength of the insurance company providing the policy or annuity. Fixed Indexed Annuity payments are dependent upon the claims-paying ability of the insurance carrier.