Term life insurance provides coverage for a specific amount of years, generally between 5-35 years. It is fairly inexpensive and can be used for many different scenarios.
Did you know that there are types of term policies that return the amount of money you contribute if you outlive your policy in as little as two years of coverage?! Well if you didn't, now you do!
Whole life policies tend to be a bit more expensive than Term policies. These are generally used for permanent coverage of the policy holder and accumulate a cash value account.
Guaranteed Universal Life is a special type of product the can be issued, no matter the risk, all the way up to 80 years of age.
Indexed Universal Life is one of the most powerful tools in the Life Insurance industry. It is a form of permenant insurance that provides a death benefit, living benefits, and cash accumulation that can fund a variety of things.
Affordable insurance that is intended to cover funeral expenses and medical bills as well as allow your family to not worry about the financial aspect of a lost loved one. Face amounts are issued up to $250,000 with no blood work or medical exam required.
A special type of annuity that provides returns depending solely on your contributions and the performance of an "index" market such as the S&P 500.
Income starts as soon as 13 months from the date the contract was issued. It can be up to 40 years. It’s also referred to as a longevity annuity.
Single Premium Immediate Annuities are usually purchased in order to convert assets from savings and investments, selling a business, rollovers, or payouts from a pension plan into a guaranteed stream of payments for retirement income.
Also known as "Fixed Rate Annuities" and referred to as "Multi Year Rate Guaranteed". Similar to CD accounts but with tax deferral.
Provide a lifetime income stream while giving you a significant tax benefit and a philanthropic donation to your chosen charity, university, or non-profit. They can provide major tax benefits.
Attached contractual benefits to some indexed and variable annuity policies that guarantee payments to start at a future date