Insurance Planning

Insurance Planning Services by RBC Consulting Group

At RBC Consulting Group, we understand the importance of protecting your financial well-being and securing a stable future. Our insurance planning service is designed to provide individuals and businesses with comprehensive coverage and personalized solutions that address their unique needs and goals.

Benefits of Insurance Planning: Why Choose RBC Consulting Group for Your Insurance Planning Needs?

At RBC Consulting Group, we offer a comprehensive suite of insurance planning services designed to address the diverse needs of our clients. Our services include:

  • Financial Security and Peace of Mind:
    • Insurance planning offers you and your loved ones financial security and peace of mind, knowing that you are protected against unforeseen events and potential risks. Our expert team will work closely with you to assess your current situation and create a robust insurance plan that safeguards your assets and future.
  • Protection Against Risks:
    • ¬†Insurance planning goes beyond simple coverage. It is a proactive approach to identify potential risks and mitigate them effectively. Our experienced insurance specialists will conduct a thorough analysis of your personal or business risks, taking into account factors such as your lifestyle, occupation, health, and industry-specific risks. We will then recommend suitable coverage options to protect you against these risks, whether it’s life insurance, health insurance, property and casualty insurance, or other types of coverage.
  • Customized Insurance Solutions Tailored to Your Needs:
    • We understand that every individual and business has unique requirements when it comes to insurance planning. Our experienced insurance specialists will analyze your specific needs, goals, and risk tolerance to design a customized insurance solution that aligns with your circumstances and offers optimal coverage. We take into consideration factors such as your age, family situation, financial goals, and business objectives to create a plan that addresses your specific needs and provides the necessary protection.
  • Expert Advice and Consultation Guidance from Knowledgeable Professionals:
    • With RBC Consulting Group, you gain access to a team of knowledgeable insurance experts who have in-depth industry knowledge and years of experience. Our specialists stay up-to-date with the latest trends, regulations, and insurance products in the market, ensuring that you receive the most relevant and accurate advice. We take the time to understand your unique situation, listen to your concerns, and answer your questions. Our collaborative approach ensures that you are fully informed and confident in your insurance planning decisions.
  • Educational Resources Empowering You with Knowledge:
    • We believe in empowering our clients with knowledge. Our service page features a rich collection of educational resources, including informative articles, blog posts, videos, infographics, and photos. These resources cover a wide range of insurance-related topics, helping you understand key concepts, navigate claim processes, and make informed choices. Whether you want to learn more about the different types of insurance coverage, understand policy terms and conditions, or explore tips for optimizing your insurance plan, our educational resources are here to guide you.

Frequently Asked Questions (FAQs)

Medicare is primarily available for individuals aged 65 and older who have worked and paid Medicare taxes. Some younger individuals with disabilities or certain medical conditions may also qualify. Eligibility details can vary, so it’s essential to consult with a Medicare expert to determine your specific eligibility.

It’s generally recommended to enroll in Medicare during your Initial Enrollment Period (IEP), which begins three months before your 65th birthday month and lasts for seven months. However, if you continue to have employer-sponsored healthcare coverage, you may be eligible for a Special Enrollment Period (SEP) that allows you to delay enrollment without penalties. Consulting with a Medicare planning specialist can help you understand the timing that best suits your situation.

Medicare consists of different parts that cover various aspects of healthcare:

Part A: Hospital insurance that covers inpatient hospital stays, skilled nursing facility care, hospice care, and limited home healthcare.
Part B: Medical insurance that covers doctor visits, outpatient care, preventive services, and durable medical equipment.
Part C (Medicare Advantage): Privately offered plans that combine Parts A and B coverage, often including additional benefits like prescription drug coverage and dental services.
Part D: Prescription drug coverage available as a standalone plan or included in some Medicare Advantage plans. It helps reduce the cost of prescription medications.

Yes, you have the opportunity to change your Medicare plan during certain periods. The Annual Enrollment Period (AEP) occurs from October 15 to December 7 each year, allowing you to switch Medicare Advantage or Part D plans. Additionally, there are Special Enrollment Periods (SEPs) triggered by specific circumstances, such as moving or losing employer coverage. It’s crucial to review your options during these periods and consult with a Medicare planning professional to ensure the changes align with your needs.

Medicare Advantage (Part C) plans are offered by private insurance companies approved by Medicare. These plans provide an alternative way to receive Medicare benefits, combining hospital insurance (Part A) and medical insurance (Part B) coverage. They often offer additional benefits such as prescription drug coverage, vision, dental, and hearing services. Supplemental insurance plans, also known as Medigap plans, help cover the gaps in Original Medicare (Parts A and B), such as deductibles, coinsurance, and copayments.

Ready to secure your financial future? Contact RBC Consulting Group today for a personalized insurance planning consultation. Our dedicated team is here to answer your questions, assess your needs, and provide you with a comprehensive insurance plan tailored to your unique circumstances.

How We Work

01

Schedule Discovery Meeting

Schedule an in-depth discovery session to learn more about you and your financial planning history

02

Meet With Our Agent

This meeting allows us to learn about previous financial planning experience, risk tolerance and your unique goals

03

Create Customized Plan

RBC Consulting Group puts together a customizable personal financial plan using financial tools to meet your needs

04

Onboard Client with RBC

Once our clients review and confirm the customized plan meets their needs, we get them signed up and onboarded.

Contact Us