Life Insurance in Madison
Our specialists are the solution you are looking for if you need life insurance in Madison. Our life insurance professionals will help you find the best life insurance option for your specific situation. Stabilize your financial future. Call us today.
What is Life Insurance?
In a life insurance policy, an agreement is made between an insurance agency and a customer. The customer pays a specified amount, called a “premium”, at regular intervals, and the company pays a designated amount to a beneficiary under certain circumstances (generally at the policy owner’s time of death).
Term & Universal Life Insurance
With term life insurance, the policy owner pays for a specific time period and the benefits are only available for a set period.
Universal or whole life insurance is guaranteed for the owner’s entire life. This life insurance offers easy access to funds and provides tax-advantaged wealth growth.
There are benefits to both types of life insurance. 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?
The pluses and minuses of to every investment strategy will be unique to you, depending on your financial situation. The most important thing to consider is how to select an experienced financial advisor who will take care of your needs.
Who Needs Life Insurance?
Everyone needs life insurance coverage! It doesn’t matter if you are 22 or 72; you still have a need for this important product.
Why Should You Purchase Life Insurance?
- Provide a way for your family to pay for funeral costs.
- To cover the expense of children that may still be living at home.
- Paying off debts that have been left behind, including mortgages.
There are lots of other reasons to buy life insurance. Talk to a life insurance professional at Retirement Income Strategies today to find out more.