Life Insurance in Madison, Wisconsin
Our staff of life insurance specialists in Madison can help you through the challenging process of selecting your life insurance policy. We will look over your unique situation in order to find the option that will work best for you. Add a little additional security to your future by calling us today.
About Life Insurance
Life insurance creates an agreement between a customer and an insurance agency. The customer pays a specified amount, called a “premium”, at regular intervals, and the company pays a lump sum to the designated beneficiary once the term of insurance is over (generally at the policy owner’s time of death).
What is the difference between term & universal life insurance? What are their pros & cons?
With term life insurance, the policy owner pays for a certain amount of time and the benefits are only available for a set period.
In contrast, whole or universal life insurance is guaranteed for the entire duration of the owner’s life. If set up correctly, whole or universal life insurance plans can provide easy access to funds, while also providing for tax-advantaged growth of wealth.
You can find benefits to both kinds of life insurance. To find out which life insurance solution will work for you, talk to our Madison insurance professionals.
What are the financial benefits of life insurance policy compared to investing in other ways?
Every investment strategy has its pros and cons depending on your particular background. This is why selecting a dependable financial advisor is a necessity.
Who Needs Life Insurance?
Everyone! Life insurance is a product that provides peace of mind to people of all ages.
Why Should You Buy Life Insurance?
- Funerals can cost tens of thousands of dollars. Don’t let these expenses put your family in financial distress.
- To cover school fees, utility bills, food, and other costs of living.
- Paying off mortgages and other debts.
These reasons are only the tip of the iceberg. Learn more by contacting a life insurance professional from Retirement Income Strategies.