If you’re looking for information on life insurance but don’t know where to start – you found the right place. Lets start by walking through why life insurance is really around and why it should be a key part of everyone’s financial plan.
Every house needs to be built on a strong foundation and your family’s finances are no different. Life insurance’s primary purpose is to serve as a base layer of protection for your family so that their prosperity and wealth can grow free from the threat of an unexpected and catastrophic event. Not being insured or being under-insured when such an event happens can have disastrous consequences for your family’s well-being that can last for well over a generation.
Life insurance provides the resources for your loved ones to continue pursuing their dreams. It also provides you with peace of mind knowing that they won’t have to struggle to make ends meet.
But today’s life insurance has many more living benefits than just peace of mind. Cash value accessibility, disability protection, accelerated benefits for terminal illnesses, and long-term care are just some of the additional tools that life insurance provides while you are still living. Some of our partners also have scholarships, orphan benefits, and legal-assistance included complimentary with their policies.
But did you know that certain life insurance products also safely grow a cash value that you can access tax-free? A properly structured whole or universal life policy can provide guaranteed cash growth and diversification protection in the event of a market downturn – as well as the ability to access that growth tax-free whenever you need it. It can even be structured to provide a steady stream of tax-free income during your retirement.
We work with a number of providers to get you access to the best protection possible and if you have had problems getting coverage in the past, don’t worry. Working with clients who have pre-existing conditions or who are considered to be at a higher risk is one of our specialties and we have made it our personal mission to make sure we can get you the protection you need.