Life Insurance in Madison, Wisconsin
Want to buy life insurance but don’t know which plan you should choose? Speak with our life insurance specialists in Madison now. By looking over your unique situation, we’ll help you select your best option. Secure your future. Call us today.
About Life Insurance
Life insurance is an agreement between an individual and an insurance agency. The insurance company agrees to pay a lump sum to a designated beneficiary in the event of the policyholder’s death in return for scheduled payments, or premium.
What is the difference between term & universal life insurance
Term life insurance is linked to a specified time frame, relating to both premium payments and the payout.
Whole or universal life insurance is guaranteed for the owner’s entire life. This form of life insurance also allows for easy access to funds and provides tax-advantaged wealth growth.
You will find benefits to both types of life insurance. To learn which life insurance solution will work best for you, talk to our Madison insurance professionals.
How does life insurance compare to other investment options?
The benefits and disadvantages to each investment plan will be specific to you, depending on your financial circumstance. The most important thing to think about is how to select the correct financial advisor who will take care of your needs.
Who Needs Life Insurance?
Every adult, no matter how old, has a need for life insurance.
Why Should You Purchase Life Insurance?
- Remove the burden of paying for funeral costs from your family.
- To cover school fees, utility bills, food, and other costs of living.
- Paying off mortgages and other outstanding debts.
These three reasons are only the tip of the iceberg. Talk to a life insurance professional at Retirement Income Strategies today to learn more.