Life Insurance in Madison, Wisconsin
We are the answer if you want to find life insurance in Madison. We will look over your unique situation in order to select the option that will work best for you. Add some extra stability to your future by contacting us now.
About Life Insurance
Life insurance is a contract between an insurance company and a customer which outlines each party’s obligation to one another. The insurance company agrees pays a lump sum to a designated 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
Term life insurance means the owner of the policy is only required to pay for a specified period of time, and the benefit only lasts for a fixed period.
Conversely, universal or whole life insurance is guaranteed for the duration of the owner’s life. This form of life insurance offers easy access to funds and provides tax-advantaged wealth growth.
Both kinds of life insurance offer benefits. Contact one of our Madison insurance professionals to learn which life insurance solution will work best for you.
What are the benefits of owning a life insurance policy as opposed to investing in other ways?
The benefits and disadvantages to each investment strategy will be specific to you, depending on your financial circumstance. The most important thing to think about is how to select an experienced financial advisor who will consider each case individually.
Who Needs Life Insurance?
Every adult, no matter what age, has a need for life insurance.
Why Should You Purchase Life Insurance?
- Funerals cost tens of thousands of dollars. Don’t let these expenses send your family into financial distress.
- To pay for college tuition, utility bills, food, and other costs of living.
- Paying off outstanding debts, including mortgages.
These only represent a fraction of the reasons why you should buy life insurance. Talk to a Retirement Income Strategies life insurance professional today to learn more.