Individuals & Life Insurance

What You Need When You Need It

Life insurance is a way for you to address financial goals while you’re alive as well as a way for your loved ones to have financial security after you’re gone. Setting or evaluating financial goals can help you determine what life insurance product is suitable for you.

Permanent Life

Seeking a flexible life insurance policy that can address your individual needs from personal, to family to charitable giving? Consider getting lifetime coverage potentially with guaranteed costs while potentially earning non-guaranteed dividends and interest while having access to the policy’s cash value.

What Is Most Important to You?

I can help you develop an overall financial strategy. We offer a variety of permanent life insurance products to help meet your needs and financial goals. Although life insurance should be purchased for its death benefit, there are other considerations when selecting a permanent life insurance product: a higher cash value, a limited-payment period, a lower annual premium or a combination of these.

Consider making whole life insurance part of your financial strategy if you want to:

  • Provide for loved ones after you are gone
  • Cover the cost of your final arrangements
  • Protect your business interest in a key employee
  • Leave money to a charitable organization
  • Access to a portion of the death benefit if you encounter a chronic or terminal illness
  • Enhance other retirement assets or prepare for college
  • Lock in lower costs for a child in excellent health
  • Grow cash values tax deferred
  • Generally prevent your heirs from paying state and federal income taxes on death benefit proceeds

Term Life

You can choose a more affordable coverage for a temporary amount of time to help you protect those time-boxed assets such as your home mortgage. You have the option to renew your term policy; however, there is no cash value component

Let me show you how term life insurance might fit into your overall financial strategy. You might also have access to term life insurance through an employee benefits plan.

Consider making term life insurance part of your financial strategy if you want to:

  • Get affordable protection for your family
  • Protect your business from losing the value you bring
  • Switch to permanent life insurance coverage later without having to provide proof of health
  • Get financial protection for a specific period of time, such as to pay off a mortgage (you have the option to renew the term coverage)
  • Generally prevent your heirs from paying state and federal income taxes on death benefit proceeds

Next Steps: Contact me

Contact me for a discussion on your particular business concerns. Call today at 209-339-1825.

Withdrawals and loans from a life insurance policy reduce the death benefit and cash value, may increase the chance the policy will lapse, and may result in a tax liability if the policy terminates before the death of the insured.
Life insurance should be purchased by individuals that have a need to provide a death benefit to protect others with insurable interests in their lives against financial loss. Life insurance is not a retirement plan, investment, or savings account.