CAYALIFE: Life & Health Insurance Services

CAYALIFE is a life & health insurance service and is a separate activity from our tax preparation business. Please see our disclosure notice below.

Insurance should be a PROTECTOR, not an INVESTOR.

We believe that people should have a "base" of protection, only to be used to fund financial needs in the event of a tragedy.

Insurance is often over-purchased or mis-purchased;

Over-purchased is purchasing more insurance than you need. We will do a number of calculations and projections to determine what amount of insurance you will need at what times in your life. For example, you most likely do not need a million dollars of permanent life insurance when you are 80. You only need enough coverage for your final expenses and bills.  Clients might look at a smaller whole life policy with a larger term policy for the years with small kids and high mortgage payments.

Mis-purchased is purchasing the wrong insurance when more likely risks need to be addressed first. I often see young clients who were sold a more expensive whole, universal or variable life insurance policy when they don’t have enough current life coverage (term) or disability insurance. A young couple with children probably needs to start with an affordable Term policy to get the appropriate current coverage for the most affordable cost.

You can trust CAYALIFE to review your needs, income, and current coverages to develop a list of insurances you may need, and when you should consider them.