Risk Management Strategies
Safe today. Secure tomorrow.
Life is full of changes—some expected, some not. A thoughtful risk management strategy helps protect your family, your income, and the assets you’ve worked hard to earn. Our Wealth Management advisors help you plan for life’s uncertainties by integrating insurance solutions into a comprehensive financial plan. Working through Cetera Investment Services, our experienced professionals offer access to insurance products designed to help mitigate risk and provide financial stability through every stage of life.
Life Insurance
Why Life Insurance Still Matters
You may already have life insurance—or question whether you still need it. When thoughtfully incorporated into a comprehensive financial plan, life insurance can be much more than a death benefit. It can help protect your family, preserve your assets, and support long-term goals.
How Life Insurance Can Help
1. Protect Your Family
Life insurance can replace lost income, pay off debts, and help cover everyday expenses—providing financial security for those who depend on you.
2. Support Estate & Trust Planning
- Provide long-term support for a special needs beneficiary
- Help treat heirs fairly in blended families
- Preserve assets for future generations
3. Support Business Succession
If a closely held business is a major part of your estate, life insurance can provide liquidity to:
- Transfer ownership smoothly
- Equalize inheritances between family members involved in the business and those who are not
4.Charitable Giving
Life insurance can help ensure a meaningful charitable gift while preserving other assets for your heirs—allowing you to balance generosity with legacy planning.
Why Work with Citizens Investment Services
Our Wealth Management team helps integrate life insurance into your overall financial picture—often in coordination with trust and estate planning—to ensure it supports your personal, business, and charitable goals.
3 Questions to Consider:
- How can I protect my family financially and pass on my assets as I intend?
- What is the most efficient way to transfer my business to the next generation?
- How can I support causes I care about without reducing what I leave to my family?
Long-Term Care
As you approach retirement, it’s important to consider how your needs may change over time. A prolonged illness or disability can create emotional and financial stress—and long-term care expenses can quickly impact savings and family resources.
Why Long-Term Care Insurance Matters
Long-term care coverage helps with the cost of extended care services, including:
- In-home care
- Assisted living
- Skilled nursing facilities
In general, coverage applies when you are no longer able to live independently due to illness, injury, or age-related conditions.
Benefits of Long-Term Care Coverage
- Helps prevent the depletion of retirement savings
- Preserves independence and dignity in choosing care
- Reduces financial strain on family members
- Protects assets for heirs
- May reduce reliance on government assistance programs
Coverage Tailored to You
Long-term care policies vary widely in benefits, features, and requirements. Our team works with you to evaluate options and build a strategy aligned with your goals, financial situation, and overall retirement plan.
Annuities
What Is an Annuity?
An annuity is a contract issued by an insurance company that can help grow retirement savings and provide guaranteed* income. Many clients use annuities as a way to create predictable income in retirement—similar to a personal pension.
Who Might Consider an Annuity?
Annuities may be a good fit if you are:
- Seeking guaranteed* lifetime income
- Looking for tax-deferred growth
- Interested in balancing growth potential with market protection
Types of Annuities
| Type | Used For | Key Benefits |
| Fixed Annuity[1] | Low-risk growth | Guaranteed* interest rate, tax deferral |
| Variable Annuity[2] | Market-based growth | Investment options, investment management, income features |
| Fixed Index Annuity[3] | Growth with protection | Limited upside potential with protection against market losses* |
| Immediate Income Annuity | Income now | Single payment with guaranteed* lifetime or term income |
Important Considerations
When evaluating annuities, we help you consider:
- Financial strength of the insurance company
- Protection of principal
- Inflation considerations
- Joint and survivor income options
Our Role
Our advisors help you determine whether an annuity fits into your retirement strategy and how it complements your broader financial plan.
Disability Insurance
Why Disability Insurance Matters
Your ability to earn an income is one of your most valuable financial assets. If an illness or injury prevents you from working, disability coverage can replace a portion of your income—helping you maintain financial stability without depleting savings.
Disability can occur at any age, and even a temporary interruption in income can have long-term financial consequences.
How Disability Insurance Works
Disability insurance provides income replacement when you are unable to work due to a qualifying medical condition. Coverage typically includes:
- Short-term coverage – Income replacement for temporary conditions (typically 3–6 months)
- Long-term coverage – Income replacement for extended or permanent disabilities
What It Can Help You Cover
- Housing and utilities
- Loan and debt payments
- Everyday living expenses
- Retirement savings contributions
- Medical expenses not covered by health insurance
Why Work with Citizens Investment Services
Our team helps assess your income risk, determine appropriate coverage levels, and integrate disability insurance into your overall financial strategy—protecting both your income and long-term goals.
To speak to an advisor, contact our team today.
Ways our Wealth Management team serves you:
- Asset & Wealth Management
- Financial & Estate Planning
- Investment Management
- Retirement Planning
- Risk Management Strategies
Cetera Investment Services, LLC is an independent registered broker/dealer, member FINRA/SIPC.
Citizens Investment Services is a marketing name of Cetera investment Services. Securities and insurance offered through Cetera Investment Services LLC, Member FINRA/SIPC. Advisory services offered through Cetera Investment Advisers LLC. Cetera firms are under separate ownership from any other named entity.
Investments are: Not FDIC/NCUSIF insured | May lose value |Not financial institution guaranteed| Not a deposit | Not insured by a federal government agency.
Important Information and Form CRS and Business Continuity Plan. Investment Representatives are registered to conduct securities business and licensed to conduct insurance business in limited states. Response to, or contact with residents of other states will only be made upon compliance with applicable licensing and registration requirements. The information in this website is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase brokerage services to persons outside of the United States. Not all of the products and services referenced on this site may be available in every state and through every advisor listed. For additional information please contact the advisor(s) listed on the site, visit Cetera Investment Services LLC site at www.ceterainvestmentservices.com
Check the background of this investment professional on FINRA’s BrokerCheck.
* Guarantees are based on the claims paying ability of the issuer.
[1] Although it is possible to have guaranteed income for life with a fixed annuity, there is no assurance that this income will keep up with inflation. There is a surrender charge imposed generally during the first 5 to 7 years or during the rate guarantee period.
[2] Investing in a variable annuity involves risk of loss—investment returns and contract value are not guaranteed and will fluctuate.
[3] Index annuities are insurance contracts that depending on the contract, may offer a guaranteed annual interest rate and some participation growth, if any, of a stock market index. Such contracts have a substantial variation in terms, costs of guarantees and features and may cap participation or returns in significant ways. Any guarantees offered are backed by the financial strength of the insurance company, not an outside entity. Investors are cautioned to carefully review an index annuity for its features costs, risks and how the variables are calculated.