// Objective, unbiased recommendations
// Advanced wealth transfer strategies for taxable estates
// Executive benefits and business continuation planning
// Tax minimization strategies for high income earners
// Advanced financial modeling capabilities for complex plans
// Access to virtually all carriers and products
// Ability to manage and process difficult-to-place cases
// Personal, unhurried, caring and responsive service
// Advanced wealth transfer strategies for taxable estates
// Executive benefits and business continuation planning
// Tax minimization strategies for high income earners
// Advanced financial modeling capabilities for complex plans
// Access to virtually all carriers and products
// Ability to manage and process difficult-to-place cases
// Personal, unhurried, caring and responsive service
Summary of Deliverables
We deliver sophisticated life insurance strategies for taxable estates, businesses, and high-income earners.
ProductsLife insurance
Disability insurance Long-term care insurance Annuities |
CapabilitiesPolicy review and evaluation
Estate liquidity strategies Tax-optimized wealth transfer strategies Tax minimization strategies Retirement income planning Key person insurance Buy-sell plan funding strategies Supplementary executive benefits And other sophisticated strategies |
CarriersMassMutual
Penn Mutual Prudential Lincoln Principal John Hancock New York Life Mutual of Omaha And other top carriers |
As an independent firm, we have access to virtually all carriers and products. We help you navigate through the often complex process of selecting carriers and products that best fit your specific needs. Such process generally involves risk analysis, carrier due diligence, product selection, policy design, underwriting, knowledge of the tax code, and other steps which require considerable amount of knowledge and experience.
Attention: Washington state residents
Look out. There’s a new payroll tax in town. The new mandatory state payroll tax in Washington state under the WA Cares Fund is designed to fund long-term care benefits for its eligible residents. If you are employed in Washington (or will be), learn more about it. This new tax will affect you.
Why work with us
Is Elliott Bay Insurance Advisors really different?
We Are Independent
We are an independent firm, not beholden to any insurance carriers. So what difference does it make when you work with us?
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We Are Seasoned
We have been in the insurance business for over two decades. Not only can you depend on us for depth and breadth of our expert knowledge, but wisdom and perspective to discern industry fads and gimmickry from substance. This is possible because of our many years of experience, having witnessed our share of "new" products and ideas that have come and gone—sometimes with disastrous consequences financially. We believe that insurance should be about safety and stability. Call us boring. We like it that way. |
years in the insurance business professional credentials |
We Are Credentialed
Insurance is a unique financial instrument with features you can't find in other financial products. For starters, only an annuity—and no other financial product—can provide you with guaranteed income for as long as you live. Similarly, insurance can also assume the risk of losing your income from disability or paying for costs of long-term care in exchange for a relatively small price. Plus, Uncle Sam has given his full blessing to grieving family members to receive life insurance proceeds free of income tax.
But insurance is also complex—far more so than most people might realize. It's often misunderstood by the public as well as financial writers whose "research" often involves interviewing a handful of "experts" who are equally misinformed about insurance making statements that are often oversimplified and/or outright inaccurate. We cannot overstate the importance of the "science" behind sound, unbiased insurance planning—carrier due diligence, product selection, policy design, underwriting, etc.—that requires considerable expertise and experience. Additionally, it's also important to remember that you don't buy insurance in a vacuum. Insurance should be an integral part of a sound financial plan. Whether it's protecting your family's lifestyle, estate planning, retirement income planning or business succession planning, insurance should make sense in the context of your overall financial plan. You deserve a competent and thoughtful insurance professional who takes the time to understand you and your situation, and work closely with your advisors to come up with sensible solutions and products that best fit your needs. To this end, we are credentialed with the relevant knowledge, experience, and the most rigorous professional designations—CPA, CLU, ChFC, CFP®—to provide the highest level service unmatched by our peers. |
We Are Respectful
Do you like pushy sales people? Neither do we. Enough said. |
What insurance can do for you
What problems should you expect insurance to solve?
Life is full of uncertainties. While you cannot completely eliminate uncertainties and risks, you can mitigate some of them through thoughtful planning.
For example, the risk of your family's potential financial ruin from dying too early, the inability to work, or living too long (and running out of money) can often be addressed effectively and efficiently with well-designed insurance products and strategies. Additionally, life insurance is often used to provide liquidity for an estate or fund certain obligations like business succession goals and executive benefits. Furthermore, businesses and professional practices can use insurance to attract and retain key employees with executive benefits like nonqualified deferred compensation plans and supplementary disability insurance plans. |
For FamiliesProtect Your Dreams
All your goals and dreams—saving for the dream vacation, children's education or retirement—are predicated on one thing: your ability to earn income. If you cannot work, die too soon, or live too long, you and your family lose the ability to realize your dreams. You can mitigate much of these risks simply by shifting such risks to a financially stable entity. Insurance companies are in the business of absorbing such losses.
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For HeirsProtect Your Legacy
You have accumulated substantial assets. You would like to preserve them and transfer as much of your assets as you can to your heirs and/or charities. But estate taxes and costs of long-term care may significantly erode your assets. Life insurance and long-term care insurance, along with a thoughtfully constructed estate plan may help you to efficiently maximize what your heirs ultimately receive. |
For BusinessesProtect Your Assets
Your business may make up a significant part of your overall assets. Insurance can efficiently safeguard your business against the unexpected. Insurance can also be an integral part of a succession plan, whether internal succession or an external sale. Additionally, for your hard working executives who keep your business running at a high level, you can provide executive benefits to reward and retain them. |
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PRICELESSyour peace of mind
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