Life Insurance in Madison, Wisconsin
Retirement Income Strategies is the answer if you’re looking for life insurance in Madison. By reviewing your unique situation, we will help you with selecting your best option. Add a little extra stability to your future by contacting us now.
About Life Insurance
In a life insurance contact, an agreement is made between an insurance agency and a customer. The customer pays a specified amount, called a “premium”, on a regular basis, and in return the company pays a designated amount to a beneficiary under certain circumstances (generally at the policy owner’s time of death).
What is the difference between term & universal life insurance
Term life insurance relates to a specified time frame, regarding both the premium payments and the payout.
Whole or universal life insurance is guaranteed for the owner’s entire life. If set up correctly, these life insurance plans provide easy access to needed funds, while providing tax-advantaged growth of wealth.
Each form of life insurance offers benefits. To find out which life insurance solution will work for you, talk to our Madison insurance professionals.
How does life insurance compare to other investment options?
Depending on our financial circumstance, there will be ups and downs for every investment plan. This is why selecting an experienced financial advisor is so important.
Who Needs Life Insurance?
All adults, no matter how old they are, have a need for life insurance.
Why Should Everyone Purchase Life Insurance?
- Funerals cost tens of thousands of dollars. Don’t let these expenses put your family in financial distress.
- To pay for school fees, bill payments, food, and other costs of living.
- Paying off debts that have been left behind, such as mortgages.
There are many other reasons to purchase life insurance. Talk to a Retirement Income Strategies life insurance professional today to find out more.