Has your insurance1 kept up with the changes in your life? You might have life insurance, but is it enough to cover all your needs? Have you thought about long-term care or disability insurance to cover you in case you’re sick or hurt and can’t work?

This may sound like it is all gloom and doom, but it just takes a few minutes to uncover if you and those you love have enough coverage. After an injury or worse happens, you won’t be eligible in most cases for coverage, so now is the time to explore your options. Let the CFS* Financial Advisors at First Commonwealth Investment Services help to ensure your family is protected.

Life Insurance

Life insurance helps protect your loved ones in the event of an unexpected death or illness. It allows your family to continue paying bills, financing further education and maintain their lifestyle. Questions to consider:

  • Do you have a financial plan to pay for your children’s education?
  • Do you have a savings plan to help cover financial emergencies?
  • If your family were to lose an income, would the other family members be able to maintain their lifestyle? Would your (and/or your spouse’s) survivors be able to stay in your home and pay the mortgage? If necessary, what would your family do for childcare?
  • If you or your spouse were to die suddenly, would your family be burdened by large debts?

Term or Whole Life?
There are advantages to both term and whole life insurance. You may need both. So how do you know which coverage is right for your situation? A CFS Financial Advisor can help you go through all of your options, and help you choose what’s best for your unique situation.

Long-Term Care Insurance

Long-term care insurance can help protect your savings and assets, preserve your independence, and help your spouse and children with your personal long-term care needs.

Unlike traditional health insurance, long-term care insurance is designed to cover long-term services and support, including personal and custodial care in a variety of settings such as your home, a community organization, or other facility.

Long-term care insurance policies reimburse policyholders a daily amount (up to a pre-selected limit) for services to assist them with activities of daily living such as bathing, dressing, or eating.  You can select a range of care options and benefits that allow you to get the services you need, where and when you need them.


An annuity is designed to provide you with a steady stream of income during retirement.

It is a contract between you and an insurance company in which you make a lump sum payment or series of payments and in return obtain regular disbursements beginning either immediately or at some point in the future.

You can choose when you want to start receiving payments. An annuity that begins paying out immediately is referred to as an immediate annuity, while those starting on a preset date in the future are called deferred annuities.

BrokerCheck by FINRA

*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.

CFS and its representatives do not offer tax advice. For such advice, please contact a tax professional.

**Before deciding whether to retain assets in an employer sponsored plan or roll over to an IRA an investor should consider various factors including, but not limited to: investment options, fees and expenses, services, withdrawal penalties, protection from creditors and legal judgments, required minimum distributions and possession of employer stock.