Life doesn’t ask permission. It moves. It shifts. One minute, everything’s smooth; the next, the ground shifts beneath your feet. Insurance planning is about staying on your feet, keeping control, and ensuring that no matter what comes next, you and your family remain financially sound.
At Dumitru Flanagan & Associates, we build insurance strategies that protect against the unknown and work in tandem with your overall financial plan, ensuring wealth preservation, business continuity, and intergenerational security.
Insurance planning: the financial safety net that moves with you
Insurance is the backbone of any strong financial strategy. Without it, an accident, illness, or unexpected event can erode everything you’ve built. With the right coverage, wealth stays intact, businesses transition smoothly, and families remain secure. But the right insurance? That’s where strategy meets foresight.
- Life insurance: The foundation of financial stability—replacing lost income, covering debt, and ensuring your family’s future isn’t left to chance.
- Disability insurance: Protecting your ability to earn, ensuring that an injury or illness doesn’t wipe out your financial security.
- Critical illness insurance: A financial cushion when health issues disrupt life—providing a lump sum to handle medical costs, living expenses, and recovery time.
- Estate protection insurance: Safeguarding wealth transfer, mitigating tax liabilities, and keeping your legacy intact.
Life insurance: more than a payout—a financial strategy
Life insurance is the difference between a family left scrambling and a family stepping forward with financial confidence.
For business owners, life insurance is the missing piece in succession planning. It funds buy-sell agreements, ensures key personnel are covered, and stabilizes operations in case of unexpected loss. Without it? Uncertainty, financial strain, and rushed decisions.
Income protection: the insurance you don’t think about until you need it
Your income is your greatest asset. A lifetime of earnings fuels savings, supports family, and sustains long-term financial goals. Disability or illness can derail all of that—unless you have a plan.
Disability insurance: A steady income stream when you can’t work, ensuring financial obligations don’t pile up while you recover.
Critical illness insurance: Coverage that goes beyond medical bills—offsetting lost wages, funding alternative treatments, or simply ensuring financial breathing room during a health crisis.
Estate protection: keeping your wealth where it belongs
You built it. Now, make sure it transfers smoothly. Insurance in estate planning isn’t about avoiding responsibility—it’s about avoiding unnecessary financial loss. Without structured planning, taxes, probate, and legal costs can shrink an estate before your heirs even see it.
- Life insurance for estate liquidity: Ensuring assets aren’t sold off to cover tax bills.
- Wealth transfer planning: Structured strategies that reduce estate erosion and keep wealth working for future generations.
- Business succession insurance: Protecting ownership transitions, ensuring heirs inherit opportunity—not financial chaos.
Business protection: the insurance that keeps you operational
For business owners, risk is part of the equation. But financial devastation doesn’t have to be. Insurance serves as a guardrail, keeping businesses steady even in the face of the unexpected.
- Key person insurance: Financial support to help businesses recover from the loss of a crucial team member.
- Buy-sell agreements: Life insurance-funded agreements that ensure seamless ownership transition.
- Disability overhead insurance: Keeping business expenses covered if illness or injury takes you out of the picture.