You don’t buy life insurance because you are going to die, but because those you love are going to live. Nothing matters more than the safety and well-being of your loved ones. You want to make sure they live comfortable, happy lives, no matter what may happen along the way.
With the proper planning, you can put your family on the path to a secure financial future, even if you’re not able to provide for them. By protecting your loved ones, they’ll be able to count on you — now and for years to come. Creating generational security is a priceless gift to your loved ones. It isn’t how many years one spends on earth that matters, but the legacy left from your many years.
There are completely new life insurance products that have been developed in the last decade to answer many financial planning needs in addition to conferring tax advantages. Besides the death benefit, there are now alternative ways to cover long-term care, disability, retirement income and spousal protection using life insurance policies and riders – you even cover college expenses.
BENEFITS OF LIFE INSURANCE
Indexed Universal Life Insurance is a form of permanent life insurance. It’s an insurance policy where the benefit is assured to be paid upon your death (assuming the policy is kept current).
Also, unlike Term Insurance, the policy can accrue a cash value within specified “indexes” (such as the S&P 500 or Nasdaq 100).
Term life insurance is bought to cover a specific number
of years but can later lead to a more long-term life insurance
plan as your family’s needs change over time. Typically
bought on 10 or 20 year terms, it’s a great option for people
who want to be budget conscious, but also be responsibly
Universal Life Insurance provides flexible but complete protection
for your family, while still giving you options for adjusting your
monthly payment to fit your situation. With guaranteed death benefits
that you choose, your family is secure financially in the future.
Build value into your life insurance with whole life protection
that allows you to earn dividends from your investment, and
premiums that never increase. Over time, you’re adding value
to your family’s present and future financial security.