100’s of insurance companies

LIFE INSURANCE

With 100’s of insurance companies and 1,000’s of different products could be confusing.  But life insurance may be one of the most important purchases you will ever make. In the event of a tragedy, life insurance proceeds can help pay the bills, continue a family business, finance future needs like your children’s education, protect your spouse’s retirement plans, and much more. This could be done even when you are alive. Life insurance is not like it used to be before.  Not only can they accumulate a large sum of money to help you supplement your retirement but you can also contain living benefits like: Chronic, Terminally, or Critical Illness are accessible in time of need.

Tax Free Retirement

The new innovated life insurance policies do much more than pay at the time of death.  Life Insurance today is use as a new Retirement Strategy. The potential tax nightmare of tax-qualified accounts have driven many investors to explore tax-free strategies like Indexed Universal Life (IUL) insurance. All withdrawal and loans from an insurance policy are tax-free. It doesn’t get any better than having tax-free money while you are still alive and tax-free death benefit to your beneficiaries. Fact almost everyone should have some type of life insurance. Insurance is affordable, and in most cases no blood work is needed.  Not one insurance type fits everybody. Here is a list:

  • Term Insurance with living benefits
  • Return of Premium (ROP)
  • Whole Life
  • Universal Life
  • Index Universal Life (IUL)
  • Variable Universal Life (VUL)
  • Final Expense

Here are 10 facts and statistics about life insurance that.

  • 70% of Americans are interested in buying life insurance that doesn’t require a medical exam.
  • Life insurance today is used as a savings and retirement tool because of tax free withdrawals.
  • Old policies are being converted by new innovated life policies. People are living longer and life insurance is getting cheaper.
  • 80% of consumers think life insurance is more expensive than it actually is.
  • The life insurance industry has been growing steadily for the last 11 years. More affordable, more marketing and more awareness.
  • More than life Insurance. Most policies now have living benefits. Money you can access before you die.
  • Almost 1 in 3 purchased or attempted to purchase life insurance online.
  • 18% of life insurance customers have both term and permanent insurance policies
  • An average funeral costs between $7000 and $10,000.
  • Most Americans don’t have enough Life Insurance.

What should I do?

What should I do?
Everybody need life insurance. Call us for a free illustration and see a comparison of
different products. Let us show you why the Index Universal Life Insurance (IUL) is
consider the new IRA or 403b. We can answer your questions, and give you
information about how to enroll in an IUL or another life insurance product. Call us or fill
out the request form.