Life Insurance Services for you and for those you would like to plan for.
Life Insurance Services
- Term Life
- Whole Life
- Universal Life
- Indexed Universal Life
- Joint & Survivor Life
- Children’s Life
- Education Planning
- Final Expense
- Accident Life & Expense
- Business Succession
- Hybrid Life / Extended Care
- Benefits for Chronic / Critical Illness
- Policy Review
- Beneficiary Review
Life insurance – property that you own
When purchasing a home, most of us cannot afford to pay the full price in cash. To complete the purchase, we finance the purchase over thirty years or so. At the end, we have property that we trust will have grown or retained it’s value through the years.
how is buying life insurance similar to buying a house?
Life Insurance can be seen in a similar light. We try to understand the potential risks and costs of future expenses such as dying, living too long, or living with a chronic illness. How do we finance these future costs?
We can finance these costs of future expenses by paying in today’s dollars in the form of insurance premiums. For most, we know we cannot afford to pay in cash a lump sum later in life. Through life insurance, we create a similar property that we know and trust what the value will be when benefits are needed. These benefits are usually income tax free when structured properly.
math and science?
It is through math and science that life insurance companies are able to manage these risks successfully. Put simply, they know how many of a certain age group will be alive at certain ages, they just don’t know which ones. This is known as risk pooling and is why many life insurance companies have weathered many ups and downs in the economy.
avoid big mistakes
By using the time-tested practice of the law of large numbers, the best life insurance companies can protect you while protecting themselves
Let’s face it; we do not know what the future holds for risk based financial products. However, we know that the math and science used by life insurance companies to manage their risk has proven to hold up over time.
All guarantees by insurance companies are subject to the claims paying ability of each separate company.
We promise to discuss your individual needs without any pressure to
purchase something you don’t fully understand or want.
Let us help you walk through the process and then you decide what action to take.