OFS Financial Services Provides Insurance Services Along with Financial Planning
OFS Financial Services provides wealth management and financial planning services and support to help customers in a transparent, straightforward and honest manner. In 2015, Financial Advisor, Jason Andrew, started with OFS Financial Services as a registered advisor through OlyFed’s broker/dealer partner Cetera Investment Services LLC.
Andrew is also proud to be able to help and support to new and existing clients with their life, long-term care, disability and annuity product needs.
“Life and health insurance products not only help protect you and your family from various risks,” Andrew explains, “they can also play an important role in your long-term investment and savings strategies.”
“Major events such as the birth of a child, the purchase of a home or starting a business are examples of times in life when it makes sense to have a conversation about insurance products that can help protect you and those you care about most.” Andrew shared that these same tools can also be used to build a legacy of strong financial values for your children and grandchildren.
Caring for the Community
As the government makes regulatory updates and carriers innovate with product and service coverages, Andrew is committed to staying abreast of industry updates and best practices to provide the highest level of client care.
Adding greater emphasis on insurance products and services is in response to a growing number of OFS Financial Services clients requesting help and support in this area of their financial planning portfolio. “With the changing economy, we are seeing an influx of requests for Life and Health-related insurance products from customers,” Andrew explains. “With our local population growing and lifespans increasing, there is an expanding need for life and health insurance products. According to annuity.org, 50% of Americans don’t have life insurance. Life insurance plays a critical role in helping cover final arrangements, helping with the transfer of wealth and inheritance and with the lost income of a loved one. Life insurance takes the financial pressures off the grieving process.”
In fact, according to the Life Insurance Marketing and Research Organization (LIMRA), only 14% of Americans have disability coverage and only 10% have long-term care coverage. However, 70% of Americans over the age of 65 will need long-term care, which according to Genworth averages more than $6,600 for in-home care and $9,700 a month for a semi-private room in a nursing home facility in Olympia.
“It’s our goal to work with families and local businesses to meet a very real need for coverage options,” Andrew continued “Having a customized insurance plan plays a crucial role in providing peace of mind when it comes to your financial future.”
“We want to help as many people as we can throughout our area because of the growing costs of medical care and retirement,” Andrew said. “As a resident of Thurston County, I have seen how much our local region has recently grown and as a mother of a young daughter, I also recognize how important it is to help protect people’s livelihood and to preserve their legacy for the next generation. I take the work we do very seriously and want to ensure the professional help and support we provide has a lasting and meaningful impact.”
OFS Financial Services is happy to review your goals, dreams and current plans and policy coverages and tailor a plan to best meet your needs, lifestyle and short and long-term objectives. Plus, they offer community financial planning classes for small businesses, professional groups, service clubs, nonprofits and local schools. Andrew is also available for a no-obligation appointment for a complete financial and insurance review. In the meantime, if you have questions or inquiries, please stop by the office at 303 Cleveland Avenue SE in Tumwater or call 360-596-9788. You can also email Jason to learn more.
Article Disclosures:
*OFS Financial Services is a marketing name of Cetera Investment Services and is located at 303 Cleveland Ave SE, Suite 201, Tumwater, WA 98501 • (360) 596-9788. Securities and insurance products are offered through Cetera Investment Services LLC (doing insurance business in CA as CFG STC Insurance Agency LLC), member FINRA/SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Neither firm is affiliated with the financial institution where investment services are offered. Investments are: *Not FDIC/NCUSIF insured *May lose value *Not financial institution guaranteed *Not a deposit *Not insured by any federal government agency.
Individuals affiliated with Cetera firms are either Registered Representatives who offer only brokerage services and receive transaction-based compensation (commissions), Investment Adviser Representatives who offer only investment advisory services and receive fees based on assets, or both Registered Representatives and Investment Adviser Representatives, who can offer both types of services.