Life Insurance

LIFE INSURANCE

There are many kinds of life insurance, but they generally fall into two categories: term insurance and permanent insurance.

Term insurance is designed to meet temporary needs. It provides protection for a specific period of time (the "term") and generally pays a benefit only if you die during the term. This type of insurance often makes sense when you have a need for coverage that will disappear at a specific point in time. For instance, you may decide that you only need coverage until your children graduate from college or a particular debt is paid off, such as your mortgage.

In contrast, permanent insurance provides lifelong protection. As long as you pay the premiums, and no loans, withdrawals or surrenders are taken, the full face amount will be paid. Because it is designed to last a lifetime, permanent life insurance accumulates cash value and is priced for you to keep over a long period of time.

It's impossible to say which type of life insurance is better because the kind of coverage that's right for you depends on your unique circumstances and financial goals.

But remember, the best way to figure out the amount and type of life insurance that makes sense for your particular situation is to meet with a qualified life insurance professional.

ANNUITY

Annuities are becoming one of the most popular choices as America ages because it provides three essential needs that Americans are concerned about with these uncertain times. The three key areas of concern that an annuity program can answer is #1 guaranteed safety of principal #2 an income stream that one can't outlive and #3 a variety of investment options that can address your risk tolerance.  Our agency specializes in annuity planning and would love to help you on the journey to a safer retirement.  i would suggest that you click on the three short videos in the order to gain a workable understanding about how this important investment tool can impact your goal attainment.

Annuity Basics Video link
http://youtu.be/EW7goCouxk
Retirement Realities Video link
http://youtu.be/XwuLPx62kOg
Annuity Myths & Truths Video link
 http://youtu.be/ukXP-J0QbFQ