We speak to our clients and the public about Life insurance and surprisingly they think it is only good for one thing, to provide a death benefit when their loved one(s) die. If they knew that Life insurance can do so much more would they have gotten covered earlier in life?
That answer is dependent on your needs and what you can afford. Because millions of people are covered through their job. But, as the world changes so does our employment.
That answer is dependent on your needs and what you can afford. Because millions of people are covered through their job. But, as the world changes so does our employment.
But let's discuss a few of the many benefits that Life insurance can provide, specifically Indexed Universal Life insurance.
Often times people discuss the benefit of "Being your Own Bank". But what does it mean, and can someone be able to access the funds they need with out having to seek funding elsewhere?
Well, yes, it is possible. You can, "Be your Own Bank" with Life insurance. Depending on how you structure your policy and that is one of the reasons why it is beneficial to have your own Life insurance outside of your job. And get it as soon as you can. The early the better!
We recently did a online workshop discussing Indexed Universal Life insurance. It's a product that offers a death benefit but like Whole Life insurance, you grow a savings within the policy. Some want to grow that savings much faster and Indexed Universal Life insurance gives you that option because the interest varies and is credited by the stock market. As you can guess, there are many people that are taking advantage of this policy.
Depend on how you structure it; you can use it to supplement your future income. And also provide coverage for Long term care.
Long term care coverage is something many people do not think about. And when you need the coverage it may be too much to afford. Consider your options and contact us to discuss more.
Often times people discuss the benefit of "Being your Own Bank". But what does it mean, and can someone be able to access the funds they need with out having to seek funding elsewhere?
Well, yes, it is possible. You can, "Be your Own Bank" with Life insurance. Depending on how you structure your policy and that is one of the reasons why it is beneficial to have your own Life insurance outside of your job. And get it as soon as you can. The early the better!
We recently did a online workshop discussing Indexed Universal Life insurance. It's a product that offers a death benefit but like Whole Life insurance, you grow a savings within the policy. Some want to grow that savings much faster and Indexed Universal Life insurance gives you that option because the interest varies and is credited by the stock market. As you can guess, there are many people that are taking advantage of this policy.
Depend on how you structure it; you can use it to supplement your future income. And also provide coverage for Long term care.
Long term care coverage is something many people do not think about. And when you need the coverage it may be too much to afford. Consider your options and contact us to discuss more.