Life Insurance in Madison
Looking for life insurance but don’t know which plan you should select? Talk to our Madison life insurance specialists now. Our life insurance professionals will help you find the best life insurance option for your specific situation. Add a little extra stability to your future by calling us now.
What’s Life Insurance?
Life insurance is an agreement between an insurance provider and a customer which outlines the obligations of each party. The company agrees pays a lump sum to a beneficiary in the event of the policyholder’s death in return for scheduled payments, or premium.
What are the pros & cons of term & universal life insurance
With term life insurance, the owner of the policy pays for a certain amount of time and the benefits are only available for a set period.
Whole or universal life insurance is guaranteed for the duration of the owner’s life. This form of life insurance also allows for easy access to funds and provides tax-advantaged wealth growth.
Each type offers benefits. Speak with our licensed Madison life insurance professionals to learn about the best solution for you.
How does life insurance compare to other investment options?
The benefits and disadvantages to each investment strategy will be specific to you, depending on your financial circumstance. In order to make the correct choice, selecting an experienced financial advisor is imperative.
Who Needs Life Insurance?
The answer is simple: everyone. Life insurance is a product that provides peace of mind to people of all ages.
Why Should Everyone Buy Life Insurance?
- Provide the means for your family to pay for funeral costs.
- To pay for the expense of children still living at home.
- To pay off mortgages and other debts.
These only represent a portion of the reasons why you should buy life insurance. Talk to a life insurance professional at Retirement Income Strategies today to learn more.