Insurance & Financial Solutions

"We Have Answers Waiting For You"

About Us

At Insurance & Financial Solutions, we have more than 30 years of experience helping individuals, families, and business owners make confident decisions about their health coverage, financial security, and future.

As an independent insurance agency and annuity broker, we provide personalized guidance and access to multiple companies—so you can find solutions that fit your needs and goals.

When it’s important to protect your family or business from a devastating financial burden, plan for health or long-term care costs, or prepare for and navigate retirement, we’re here to provide guidance you can trust.

Our goal is simple: to provide solutions to protect what matters most to you and build a more secure future.

Our Story

A foundation built on hard work, honesty, and helping others.

Rennae Padderud, owner of Insurance & Financial Solutions, was raised on a South Dakota farm where she learned the values that continue to guide her today: hard work, honesty, and helping others.

Growing up, her family worked closely together in the farming operation. She had the opportunity to see firsthand the dedication, responsibility, and business decisions required to make a family business successful. Those early experiences would later become an important foundation for owning and operating her own business.

For five years, Rennae worked full-time and went to school full-time to earn two college degrees. Her first career as a special education teacher brought her to Iowa where her students ranged in age from kindergarten through high school.

Teaching gave Rennae a skill that has become especially valuable in her work today—the ability to take complicated information and make it understandable for people with different needs, experiences, and levels of knowledge. That same approach now helps clients make sense of insurance and financial decisions that can often feel overwhelming.

Several unexpected changes in life led her in a new direction. Rennae saw an opportunity to bring together the values she learned growing up, her business experience, and her desire to help others.

Insurance & Financial Solutions was crafted.

For more than 30 years, Rennae and Insurance & Financial Solutions has had the privilege of working with individuals, families, and business owners—providing personalized guidance, practical solutions, and answers to important insurance and financial decisions.

What began with lessons learned on a South Dakota farm continues today with the same simple belief:

Work hard. Be honest. And always look for ways to help others.

Our Professional Associations

Britt Chamber of Commerce Former Board Member and President
National Association of Insurance & Financial Advisors

Our Certifications

Life Underwriter Training Council Fellow (LUTCF)

What We Offer

Our Specialties include:

At Insurance & Financial Solutions, we specialize in helping individuals and families protect what matters most. Our expertise spans Health Insurance, Long-Term Care Insurance, Life Insurance, and Annuities—each thoughtfully tailored to support your unique needs and goals. Whether you're planning for unexpected medical expenses, securing lifelong coverage, preparing for future care, or building a reliable retirement income, we’re here to guide you with clarity and compassion. Our personalized approach ensures that every solution we offer is not only comprehensive but also aligned with your values and vision for the future.

Our Services include:

Life Insurance Solutions: Whether you're planning for the future or protecting loved ones today, our life insurance options are designed to meet your needs at every stage of life. We offer Term Life Insurance for affordable, temporary coverage, Whole Life Insurance for lifelong protection with cash value, and Universal Life Insurance for flexible premiums and benefits. For those seeking a blend of coverage and long-term care, our Life/LTC Hybrid Insurance provides a smart, dual-purpose solution.
Group Health Insurance: For businesses and organizations, we provide Group Health Insurance solutions that support employee wellness and retention. Our plans are tailored to meet the needs of your team while staying within your budget.
Health Insurance Under 65: Navigating health coverage before Medicare eligibility can be complex, but we make it simple. We assist with Under 65 Health Insurance options, including plans available through https://www.healthcare.gov, ensuring you find coverage that fits your budget and healthcare needs.
Medicare Solutions: Turning 65 or already enrolled in Medicare? We offer expert guidance on Medicare Advantage Plans, Medicare Supplement Plans, Medigap Plans, and Medicare Cost Plans. Our goal is to help you understand your choices and select the plan that best supports your health and financial well-being.
Retirement Income & Annuities: Secure your retirement with confidence through our range of annuity products. Whether you're looking for guaranteed income with Fixed Annuities, market-linked growth potential with Indexed Annuities, or a customized strategy with a traditional Annuity, we’ll help you build a plan that fits your lifestyle and goals.
Long-Term Care Planning: Preparing for the possibility of long-term care is a vital part of financial wellness. We offer both Traditional Long Term Care Insurance and innovative Life/LTC Hybrid Insurance options to help you safeguard your future and maintain independence, without burdening your family.

Our Products include:

Life Insurance
Long-Term Care Planning
Retirement Income & Annuities
Health Insurance Under 65
Medicare Solutions
Group Health Insurance

Testimonials

On 7/21/2026 Jodi Anderson had this to say:
She was very helpful and spend time with me today. Was not in a hurry. Answered all my questions and explained everything very well. Very good person to deal with. Testimonial written by Jodi Anderson on this site.

On 2/12/2026 Kathy Mathahs had this to say:
Rennea is very professional in her presentation. Clarifying coverages and making sure I understood the policy.

On 12/14/2025 Laila Redenius had this to say:
Rennae has been amazing and very easy to work with! She has helped through every step of the process! Testimonial written by Laila Redenius on this site.

On 7/11/2025 Anonymous had this to say:
Excellent communication, very friendly and tremendously helpful. I would recommend her to anyone. Testimonial submitted anonymously directly to this site.

On 3/10/2025 Dale H had this to say:
I continue to come back to Renee for my insurance needs because of her insurance knowledge base, and providing detailed information that I need in order to make well informed decisions. Besides her being professional, I continue to find her to be thorough and follow through with what she says she will do. This has become rare to find these days. Thank you for the service you provide.

Contact Us

Insurance & Financial Solutions
485 7th St SW Britt, IA 50423
Phone: (641) 843-4605
Mobile: (641) 860-1955
Email: answerswaiting@gmail.com

Intersection of 5th Ave SW and 7th Ave SW

Where To Find Us

Our Hours

Monday: 8:30 AM - 5:00 PM
Tuesday: 8:30 AM - 5:00 PM
Wednesday: 8:30 AM - 5:00 PM
Thursday: 8:30 AM - 5:00 PM
Friday: 8:30 AM - 3:00 PM

News

Feeling overwhelmed by health insurance options? You're not alone—and you don't have to figure it out on your own. At Insurance & Financial Solutions, we offer free consultations to help you understand your choices and find coverage that fits your life. Whether you're under 65 and exploring marketplace plans, transitioning off Medicaid, or navigating Medicare for the first time, we're here to guide you every step of the way.

Call Rennae Padderud today and let clarity replace confusion.

Info

Health Insurance
Annuities
Life Insurance
Long Term Care

FAQ

How much does it cost to work with you?

There is no fee for our consultation or help finding insurance coverage.

Are you an independent insurance agency?

Yes. Insurance & Financial Solutions is an independent agency. We work with multiple insurance companies, giving us the ability to compare options and look for solutions that fit your needs.

Do I need to know what type of insurance or financial product I need before contacting you?

No. You don't need to have all the answers before you contact us. We’ll learn about your situation, explain your options, and help you determine what may make sense for your needs.

What can I expect from a consultation?

We start by learning about your needs, goals, concerns, and what you are trying to accomplish. Then we explain the options that may fit, compare the differences, and answer your questions.

Do I have to make a decision during my first appointment?

No. Our goal is to help you understand your choices. You can take the information home, consider your options, and make a decision when you are comfortable.

Can you help me with health, Medicare, dental and vision insurance?

Yes. We help individuals understand their health insurance options, including Medicare and Marketplace coverage, as well as dental and vision insurance.

When should I consider long-term care insurance?

It is worth considering before you think you will need care. Age and health can affect both eligibility and cost, and changes in health can make coverage more difficult to obtain. We can help you understand your options and whether planning for long-term care makes sense for you.

What types of life insurance do you offer?

We help clients evaluate both term and permanent life insurance. The right type depends on the purpose of the coverage, how long you need it, your budget, and your overall goals.

Do you offer annuities?

Yes. As an independent annuity broker, we can compare annuity options from multiple companies and help you understand how different options may address income, growth, guarantees, and other retirement needs.

How do I get started?

Contact us to schedule a consultation. We’ll listen to what you need, answer your questions, and help you find solutions that fit your situation.
Phone: 641-843-4605 Text: 641-860-1955 Email: answerswaiting@gmail.com

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