Page 11 - Greenfield Hill Neighbors

Culinary CornEr FinanCial savvy
ExpErt Contributor
Winter Comfort Food Reviewing Your Life Insurance Policies

Submitted by Contributing Writer, Heidi Vanderwal
By Susanne C. Truax, CLU®, ChFC®, CFP®
Certified Insurance Consultant, Truax Financial

Having a life insurance policy performing as well as the illustrations provided when the policies
that you don’t understand can be were sold. Due to the low interest rates being credited and
as dangerous as not having life higher insurance charges in older products, many of the insurance
insurance at all. Just as there is a need policies issued in the past are underperforming. Cash withdrawals
to have your investments reviewed, and outstanding policy loans can also cause the coverage to
life insurance is an important part lapse due to the high loan rates and the lower dividend rates. In
of your overall financial plan and some cases, the canceling or surrendering of a policy can cause a
should be reviewed on a regular substantial taxable event.
basis.
A review by an independent insurance advisor of your insurance
Questions often asked include: Why coverage and insurance needs can provide you with substantial
do I have the coverage? Do I still savings, superior coverage and peace of mind.
need it? Should I own it or should Susanne Truax is a principal of Truax Financial, LLC, specializing in planning,
the policy be owned in a trust? How long do I have to pay the designing and servicing highest quality life, long term care and disability insurance
premiums? Can the coverage be used for retirement and/or long- portfolios. She has over 26 years’ experience designing and reviewing insurance
portfolios for successful families, businesses and their advisors. Her education and
term care needs? knowledge in other areas allows her to work jointly with other independent experts,
There are many factors to consider that can impact both your specializing in other areas to benefit their clients.
need for coverage as well as the policy performance. Many often Truax Financial, LLC
realize too late that their insurance policy(s) are underperforming 315 Post Road West
Westport, CT 06880
VEGGIE CHILI BANANA BARS and in danger of lapsing or that they have been paying much struax@truaxfinancial.com
Phone: (203) 215-9277
more then needed for their coverage. Older policies may not be
INGREDIENTS INGREDIENTS
• 1 cup diced carrot • ½ cup margarine or butter
• ½ cup diced celery
• 1 yellow onion, diced • 1½ cups sugar
• 1 cup winter squash (delicate, acorn, butternut), • 2 very ripe bananas
peeled and diced • 2 eggs
• I cup fresh or frozen corn
• 4 14-oz cans assorted beans • 1 teaspoon vanilla Susanne C. Truax, CLU®, ChFC®, CFP®
• ½ lb dried lentils • ¾ cup buttermilk (if no buttermilk, add 1 tsp
• 1 28-oz can crushed tomato Independent Certified - Insurance Consultant
• 1 cup diced fresh tomato (or 14-oz can) baking soda to regular milk) Specializing in the design and review of:
• 1 cup water (use to rinse tomato can) • 2 cups flour
• 2 tablespoons chili powder • Pinch of salt  Life Insurance
• ½ teaspoon chipotle or cayenne powder  Long-term Care Insurance
• ½ teaspoon cumin PREPARATION  Disability Insurance
• Salt & pepper to taste • Mix all ingredients in order.
• 2 tablespoons olive oil Assisting individuals, families and business
• Bake at 350 degrees for 25-30 minutes in a
PREPARATION owners with life insurance, long-term care
• Sauté carrot, celery, and onion until onion is soft and greased 10”x14” pan, until inserted toothpick and estate planning solutions since 1986.
vegetables are beginning to brown slightly. comes out clean.
• Add all other ingredients and stir well. • Let cool, frost if desired, and serve. Susanne C. Truax, CLU®, ChFC®, CFP®
Contact me for a free consultation
• Simmer on stove for 1½ - 2 hours, until lentils are Independent Certified Insurance Consultant
soft and most of the liquid has been absorbed. Heidi Vanderwaal is the owner of Elegantly Casual Cuisine, based in to review your insurance.
Bridgeport. For catering inquiries, call (203) 345-4416
Truax Financial, LLC 8 Wright Street,
• If mixture becomes too thick, add water, ¼ cup at a Specializing in the design and review of:
or email Heidi at heidi@elegantlycasualcuisine.net.
time, until the desired consistency is reached. Suite 107, Westport CT 06880
• Top with your choice of condiments – cheddar  Life Insurance www.truaxfinancial.com
cheese, sour cream, avocado, crushed tortilla  Long-term Care Insurance 203-215-9277
chips…and enjoy!  Disability Insurancestruax@truaxfinancial.com

Assisting individuals, families and business owners with life insurance,
10 Greenfield Hill Neighbors January 2018 long-term care and estate planning solutions since 1986. 11

Contact me for a free consultation to review your insurance.

Truax Financial, LLC 8 Wright Street, Suite 107, Westport CT 06880
www.truaxfinancial.com
203-215-9277
struax@truaxfinancial.com