Brooks, Hughes & Jones - Investment Advisor - Tacoma

Investment Management
Financial Planning
Risk Protection

If you are looking for
confidence in how your
money is managed and
comfort with the people
who provide your
advice, call us at
253.534.8888.

WORKING WITH US | Insurance Philosophy

We believe that protecting your risks should be a foundation of your financial plan.
The quickest derailment of financial security comes from unexpected occurrences—
death, disability or long-term care—that are not adequately insured.

If someone depends on your income to fund their lifestyle, their retirement, or their
education, insurance is critical to peace of mind.

In most cases, employer provided insurance is a nice start. But it rarely covers a
complete need.

As part of our comprehensive services, we evaluate insurance needs and
recommend solutions that provide the best mix of product features, financial
strength of the insurance carrier and value for our clients.

Life insurance:

The primary function of life insurance is to provide financial protection against
untimely death. Term life insurance, offering pure risk protection and no cash
buildup, is our first choice for individuals.
Occasionally, a permanent life insurance policy (universal or whole life) is
recommended for its specific estate planning and tax benefits.
We perform a life insurance needs analysis to determine the amount of death
benefit needed and the length of policy required. Often, these policies are
additive to group coverage already in place through an employer.
We also help business owners design insurance solutions to facilitate the
transfer of their business to partners.

Disability insurance:

Your likelihood of losing income due to a disabling event is far greater than
untimely death.
Your human capital—your ability to earn income—is your most valuable asset.
It is far more valuable over time than the other important assets you insure
such as your house and your vehicle.
Social Security, worker’s compensation and employer-paid short-term or long-
term disability coverage rarely provide as much protection as the average
worker needs.
If you are not able to replace 60% of your income through other sources, an
individual disability policy should be considered.

Long term care insurance:

Many people in their late 50s and 60s should consider buying long term care
(LTC) insurance to protect assets from being used to fund an extended stay
in a nursing home or home care situation. Only those with substantial net
worth, who can afford to self insure, should not consider LTC insurance.
Four key issues affect LTC pricing:

the client’s overall health,
how much (daily benefit) insurance to buy?
how long should the coverage last?
what inflation factor should be used to increase the benefit payments
over time?

We work to understand our client’s income sources and how a long-term care
need could affect income and savings which are allocated for other goals.
Since most clients want to stay in their homes as long as possible, we pay
attention to the level of home care benefits provided by each LTC insurer.
We choose from several carriers to match a specific need and health situation
to the best policy available at the right price. LTC insurers often treat health
considerations and age differently, leading to variance in rating classes and
costs.

TACOMA 2112 North 30th Street, Suite B | Tacoma, WA 98403
FRIDAY HARBOR 255 Harrison Street | PO Box 2965 | Friday Harbor, WA 98250
253.534.8888 info@BHJadvisors.com

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Brooks, Hughes & Jones, Inc. (BH&J) is a Washington state Registered Investment Adviser. BH&J and its representatives are in compliance with the current registration and notice
filing requirements imposed upon Registered Investment Advisers by the SEC and the states in which BH&J maintains clients.

BH&J's electronic communications via email newsletters, blog posts and its web site are limited to the dissemination of general information regarding its investment advisory services,
educational information or viewpoints. Published content should not be construed by any consumer and/or prospective client as personalized investment advice or a solicitation for
client regarding financial planning or investment advice shall be conducted by a partner that is registered, or exempt from registration, in the state where the prospective client resides.

Past performance is no guarantee of future results. There is no guarantee that the views and opinions expressed here will come to fruition.

For regulatory information pertaining to the registration status of BH&J, please see Form ADV Part II.

BH&J does not make any representations as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether
linked to BH&J's web site or incorporated herein, and takes no responsibility therefore. All such information is provided for convenience purposes only.