If I die tomorrow how will my family pay for my funeral? Will they have enough money to pay off my debt. Will my spouse have enough money to continue the lifestyle they are used to? Will I be able to leave a legacy for my children or favorite charity? Do I want to draw an income at retirement from my life policy? Is a pension max a good option?
Life insurance is passed to your beneficiaries tax free and probate free. It can pay off a home mortgage and it is a great tool for tax free income in retirement, when structured properly.
When It comes to finding the best life insurance company there are hundreds to choose from. Some of the key factors to consider when choosing a life insurance company are there financial strength rating, how long have they been around, and the price offered by the carrier.
WHAT TYPE OF INSURANCE DO I NEED?
Term Life insurance can offer low cost protection for a specific period of time. Once you stop paying premium the coverage stops usually from 1-20 years.
Permanent Life Insurance is designed to provide life long financial protection.
Want to find out what your insurance needs are? Have questions or concerns about the plans available to you? Please call to schedule your personal Life Insurance needs analysis review 208-284-9872.