Let me help you with your Life Insurance needs!
Nearly half of American adults do not have life insurance coverage, often believing they can't afford it and greatly overestimate the cost. In addition to providing financial security for the policyholder's loved ones, life insurance also offers tax benefits.
Life insurance isn't just for the wealthy. No matter your income level, life insurance can ensure that your loved ones could make ends meet if you were to pass away. And life insurance might be more affordable that you think. DON'T WAIT! GET COVERED TODAY!
* Life insurance payouts are tax-free
If you have a life insurance policy and die while your coverage is in effect, your beneficiaries will recieve a lump sum death benefit. Life insurance payouts aren't considered income for tax purposes, and your beneficiaries don't have to report the money when they file their tax returns.
* Your dependents won't have to worry about living expenses
Many experts recommend having life insurance that's equal to 7-10 times your annual income. If you have a policy (or policies) of that size, the people who depend on your income shouldn't have to worry about their living expenses or other major costs. For example, your insurance policy could cover the cost of your children's college education, and they won't need to take out student loans.
* Life insurance can cover final expenses
The national median cost of a funeral that included a viewing and a burial was $7,640 as of 2019. Because many Americans do not have enough savings to cover even a $400 emergency expense, having to pay for a funeral can be a substantial financial burden. If you have a life insurance policy, your beneficiaries can use the money to pay for your burial expenses without having to dip into their own savings or use credit.
* You can get coverage for chronic and terminal illnesses
Many life insurance companies offer endorsements, also known as riders, that you can add to your policy to enhance or adjust your coverage. An accelerated benefits rider allows you to access some or all of your death benefit under certain circumstances. Under some policies, for example, if you're diagnosed with a terminal illness and are expected to live less than 12 months, you can use your death benefit while you're still living to pay for your care or other expenses.
* Policies can supplement your retirement savings
If you purchase a whole, universal or variable life insurance policy, it can accumulate cash value in addition to providing death benefits. As the cash value builds up over time, you can use it to cover expenses, such as buying a car or making a down payment on a home. You can also tap into it if you need to during your retirement years.
Children's Whole Life
Why buy life insurance for children? There are several important reasons:
1. To cover the cost associated with an unexpected loss
2. To help protect a child's future insurability
3. It's simplified coverage and easy to apply for.
There's no medical underwriting and limited health questions. This policy builds cash value for their future and benefits never decrease. Additional policies may be purchased in the future regardless of age or health.
Car accidents are the #1 leading cause of death for children. Get their policy today!
Affordable rates starting at only $4.61/mo.* Available for ages 14 days to 17 years, and face amounts from $5,000 to $50,000. Premiums remain the same for the life of the policy, so the rates never increase with age.
Final Expense Whole Life
Individual, permanent whole life protection from $2,000 to $50,000. This final expense policy may be one of the safest kinds of protection you can buy. It's safe because you own the policy and as long as you pay the premiums, your coverage is guaranteed for life.
There's no physical exam required. Your acceptance is based on the information you provide during the application process.
You're protected from the very first day your policy goes into effect.
You want a policy that builds cash value. After your policy has been in force for a specified period of time, it builds cash value every year. This is your money that you can leave to grow or borrow to use as you see fit.
Accidental death rider and terminall illness riders may be included at no cost, depending on the carrier.
Term Life with 100% cash back
With this Cash Back Option, you have the benefit of life insurance protection while you need it, then at the end of the term period (10-30 years), you can receive 100% of your paid premiums back. If you get your money back at the end of the term, how much does this really cost?????
Included in this policy is the terminal illness rider, and the accidental death rider can be added. This policy is perfect for clients from ages 24-50.
Your home may be your most valuable asset. Protecting it for yourself and your family could be the wisest move you ever make.
You select the amount of coverage you need and the period that most closely matches your mortgage. The death benefits remain level for the entire term. In the event of your death, the benefit is paid directly to your beneficiaries who can use the money to help pay off the mortgage or any other financial needs.
Accidental Death Benefits
Did you know car accidents are the 4th leading cause of death for adults?? If death occurs as the result of accidental bodily injury, death benefits are payable. The Accidental Death benefits can be included into other policies or as a stand-alone policy for adults. As a stand-alone policy, here's an example of potential rates that may be available to you:
$100,000 in coverage for only $27/mo.*
$150,000 in coverage for only $35/mo.*
$200,000 in coverage for only $42/mo.*
$250,000 in coverage for only $48/mo.*
*** any amounts, terms or information mentioned is subject to change at any time by the carriers. Must qualify; application necessary.