Why Insurance?
Insurance can take many forms and cover a number of areas of our financial lives. At Bishop Associates we use insurance products in a specific way, namely, to transfer a particular risk (living a long life, increase in health care costs, market downturns, etc.) to someone else. We view insurance products from a neutral perspective, not inherently good or bad, but to be used for an explicit reason. You can’t build a house with only a hammer - you also can't protect yourself and your family with only one risk mitigation technique.