Safeguarding your income, assets, and long-term financial security
Protection and Risk Management
A strong financial plan is not complete without protection strategies that reduce exposure to unexpected events.
Avora Wealth helps clients identify potential vulnerabilities and put structures in place that protect both personal and business interests.
Personal Insurance Review
Business Protection Planning
Income Protection
Umbrella Insurance Review
Income interruption due to disability or illness
Personal liability and lawsuit exposure
Proper transfer of business ownership
Having too much or too little life insurance
Key Risks This Service Helps Prevent
Frequently asked questions
What type of life insurance should I own?
We quantify the income replacement and liability need, match it to the coverage period, and typically recommend term insurance for pure protection while using permanent insurance only when there’s a clear, measurable planning purpose and cost justification.
How much disability insurance do I need?
We calculate the minimum after tax income your household/business must maintain, then design coverage around your occupation, benefit period, elimination period, and key riders (own-occupation, COLA, residual) to close the gap.
Should we add an umbrella policy, and how much coverage is appropriate?
We evaluate your net worth, income exposure, and lawsuit risk factors (drivers/teens, rentals, business activities), then set umbrella limits that protect assets above your home/auto liability coverage.
How often should we review our coverage?
At least annually, and immediately after major changes such as marriage/divorce, new child, home purchase, job or income shift, business changes, or a significant asset increase so that coverage stays aligned with real world risk.
