Pivar Financial Group FAQs

Pivar Financial charges no fees to our clients. Our compensation comes from commissions paid by the insurance and investment companies whose products we recommend and provide.

We don’t—but we can refer you to trusted agents who will provide service and expertise that meet our high standards.

We never know when a disability is going to occur. A properly designed income replacement program from our health and life insurance agency in WA is critical and affordable. Disability plans are designed to replace your income if you are sick or hurt and can not work. The benefits are usually tax-free and replace about 66% of your income. 

When it comes to caring for yourself as a senior, the majority of people do not have the resources to do so, but they also don't qualify for government assistance. Thanks to the living benefits of life insurance, you can use your death benefits while you are alive and use those funds to pay for the help you need, whether you receive care in your home or at an assisted living facility. Contact our life insurance agency WA counts on for information.

All employees have some form of disability protection, usually workers' compensation. Most business owners do not carry workers' compensation for themselves. The owner’s income is not only responsible for the personal expenses of life, but also the cost of running the business such as payroll, rent, utilities, and leases. There are plans available to pay those business expenses while you are recovering from your disability. The benefits are tax-free and the premium is affordable and deductible. At a minimum, a business owner should make sure that there is a business to return to after recovery, and our business and life insurance agency WA trusts can help.

Any business with at least two employees is eligible for employee benefits. In fact, most of the time, it makes sense to have your business pay for medical and dental insurance because doing so will help shift the tax burden. Contact us to learn more about our group health insurance plans WA businesses bank on.

There are a few different options that work great for businesses with less than 50 employees. We will consult with you on the best way to achieve your goals at the lowest cost to the company. Contact our business and life insurance agency in WA today.

We are not tax professionals. However, while we do not provide specific tax advice, we can talk about some of the potential tax impacts of certain insurance and investment vehicles. We work closely with the tax advisors of many of our clients—and if you need a recommendation for someone to manage your taxes, we are happy to provide one.  

Similar to our ability to provide general information on the potential tax impacts of insurance and investments, we can discuss how specific plans and selections can provide benefits in estate planning. We can add value to the process, but we leave true estate planning to attorneys. (And again, if you need a recommendation for one, just ask.) 

Yes—in fact, that is what we do best. It’s also what’s best for you and your business, because it’s important to understand how each aspect of your plan can impact the others. We create custom strategies utilizing these different pieces—no two Pivar clients are exactly alike, so our plans are tailored to your specific needs. 

We want to work with them—and we aren’t trying to take their business, either. We simply want to provide you with the best plans possible to protect you, your family, your business, and your employees. From insurance to tax planning to estate planning and beyond, all of the pieces should fit together; by working with your other advisors, we can help ensure they do.

You can do that, of course—but while it might be convenient, we firmly believe it’s not the best approach. The algorithm doesn’t care about you, or your family, or the little variables that don’t show up on a spreadsheet. It doesn’t explain things to you in human terms. It doesn’t provide your beneficiaries with personal support if the unthinkable happens. We do. Because we build personal relationships with our clients. We get to know you. We care. And we’re on your side.

That depends on the business and your role in it, of course. If your employees can keep the business operating without you, that’s great—but have you thought about your spouse or family’s role? Would they know how to manage the business, or even want to keep managing it? If you have partners, would they be able to buy out your share, or would your spouse/family essentially be forced to remain in the business? The right insurance can provide protections (and funding) for these kinds of situations.

We can help you prepare for selling or buying a business (you’ll want attorneys and formal contracts for the actual process). Every business needs something called a buy/sell agreement, even if it’s not for sale and even if you’re not looking to buy another business at the moment. What this agreement does is outline provisions for the protection of your business between ownership—including the funding portion. Similar to the example earlier, a common issue is a partner or co-owner dying. What happens next? Does the other partner/co-owner have to buy out the survivors? Can the business continue as before? Are there other options, such as giving employees the option to buy in? A strong buy/sell agreement will guide the process.

Do you want to attract good employees? Do you want to keep those employees? If you answered “yes” to those questions, then you have your answer to the benefits question. But there’s a reputation aspect to this, too: Now more than ever, customers value companies that treat their people well. In some instances, they are even willing to pay a premium to do business with those companies.  

Your youth and your health means it is the perfect time to think about all of this. Things like life, disability, and long-term care insurance cost more the older you get—and if you end up with a serious health condition before you have coverage, the cost can go through the roof (if you can even get coverage at all). Plus, your life insurance could provide you with significant benefits around saving for retirement.