Life Insurance in Madison
Retirement Income Strategies is a group of life insurance specialists in Madison, Wisconsin. By reviewing your unique situation, we’ll help you with selecting your best option. Call us now to take the necessary steps towards a more secure future.
What is Life Insurance?
Life insurance is an agreement between an insurance agency and a customer which outlines each party’s obligation to one another. The company agrees to pay a lump sum to a beneficiary in the event of the policyholder’s death in return for regular payments, or premium.
What is the difference between term & universal life insurance
With term life insurance, the policy owner pays for a certain time period and the benefits are only available for a set period.
Conversely, whole or universal life insurance is guaranteed for the duration of the owner’s life. This life insurance offers easy access to funds and provides tax-advantaged wealth growth.
You will find benefits to both kinds of life insurance. To learn which life insurance solution will work best for you, speak with our insurance professionals in Madison.
How does life insurance compare to other investment options?
All investment programs have pros and cons depending on your unique financial circumstance. Finding an experienced financial advisor is the right way to ensure you choose the right path.
Who Needs Life Insurance?
Everyone! Life insurance is a product that provides peace of mind to people of all ages.
Why Should Everyone Purchase Life Insurance?
- Funerals can cost tens of thousands of dollars. Don’t let these expenses send your family into financial distress.
- To cover the cost of living, such as tuition, groceries, and bill payments.
- Paying off mortgages and other outstanding debts.
There are several other reasons to buy life insurance. Talk to a Retirement Income Strategies life insurance professional today to learn more.