Human Capital…What’s Your Plan?

The ‘Bread Winners’ for most families go into the world every day with one particular objective; accomplish your goals to provide for your family. Your income is imperative to the current and future success of your family, short term needs like food & utilities to long term goals such as college funding for your children and retirement.

How often to you think about your true financial value to your household? Or your ‘Human Capital’ value? We consider Human Capital to be the future value of your present income or for example, your income ($100,000) x future need (20 years) or $2,000,000.

Having a plan to make sure your family’s income need can be replaced or provided if you the ‘bread winner’ can’t continue to provide it, due to loss of life or disability is very important to say the least.

As well having an ‘Emergency Fund’ established for short term ‘Human Capital’ needs is vital, and in some cases both short & long term needs can be handled with one solution.
Be proactive and establish or review your plan today to make certain your family’s future can be bright & successful regardless of the risks or hazards that life has in store.

– Troy Barrow, LUTCF is an independent Agent practicing professionally for six years and is the owner of Arlington Insurance Planning Services, licensed in the States of New York and New Jersey. You may contact Troy at 646 580-5189 or


Small Business Owner/ Risk Officer – One of the Same! Part 1

As a small business owner, it is your job & responsibility to grow & protect your business, but of course you’re faced with many challenges when it comes to running a successful operation – challenges that curb you’re attention away from making important financial planning decisions for your business, employees and of course your family. 

Apart from your home,your business is typically your largest asset & in most cases with small business owners, your main source of income, so here are a few tips to help you hold onto what you’ve worked so hard to build.


Key person planning indemnifies the employer (Business) or partner/s for the event of loss or disability of one of its most precious assets; the key person, the employee chiefly responsible for the majority of income or profitability. 

Having a plan can replace income for:

  • Losses in sales, client retention and/or credit
  • The cost for hiring & training a new employee
  • Delays or halts in ongoing projects

In most cases with small privately held businesses the owner/ operator is the key employee, also typical is the fact that your personal & business affairs are closely intertwined and so should be handled simultaneously. Having Key Person planning in place is crucial if the business and your family are to successfully continue in the time of crisis.

Next…What About Partnerships? The Buy/Sell Agreement


Posted by APlanGroup