Life Insurance in Madison
We are the solution if you want to find life insurance in Madison. By reviewing your unique situation, we’ll help you select your best option. Call us today to take the necessary steps towards a more secure future.
What’s senior life insurance?
In a senior life insurance contact, an agreement is made between an insurance agency and a customer. The insurance company agrees to pay 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?
Term life insurance is linked to a specified time period, regarding both premium payments and the payout.
Whole or universal senior life insurance is guaranteed for the duration of the owner’s life. If set up correctly, universal or whole senior life insurance plans provide simple access to funds, while providing tax-advantaged growth of wealth.
Each type has benefits. Contact one of our insurance professionals in Madison to learn which life insurance solution is best for you.
What are the benefits of owning a senior life insurance policy compared to investing in other ways?
All investment programs have pros and cons depending on your particular financial circumstance. This is why choosing a financial professional is so important.
Who needs senior life insurance?
The simple answer? Everyone should buy a senior life insurance policy.
Why should you buy senior life insurance?
- Provide a way for your family to pay for funeral costs.
- To pay for school fees, bill payments, food, and other costs of living.
- Pay off outstanding debts, such as mortgages.
These three reasons are only the tip of the iceberg. Talk to a senior life insurance professional at Retirement Income Strategies today to learn more.