Life Insurance in De Forest, WI
Retirement Income Strategies is the answer if you’re looking for life insurance in De Forest. Our life insurance professionals will help you find the best life insurance option for your specific situation. Contact us now to take steps towards a more secure future.
About Life Insurance
Life insurance is a contract between an insurance company and a customer which outlines the obligations of each party. The insurance company agrees to pay a lump sum to a designated beneficiary in the event of the policyholder’s death in return for regular payments, or premium.
What are the pros & cons of term & universal life insurance
Term life insurance means you only pay for specific period of time, and the benefit to your heirs only lasts for a fixed period.
In contrast, whole or universal life insurance is guaranteed for the duration of the owner’s life. If set up correctly, universal or whole life insurance plans can provide quick access to needed funds, while providing tax-advantaged growth of wealth.
There are benefits to both kinds of life insurance. Speak with our licensed De Forest 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 every investment plan will be unique to you, depending on your financial situation. This is why choosing a dependable financial advisor is so important.
Who Needs Life Insurance?
Everybody needs a life insurance policy! It really doesn’t matter if you are 23 or 73; you still have a need for this important financial product.
Why Should You Purchase Life Insurance?
- Provide the means for your family to pay for funeral expenses.
- To pay for the expense of children that may still be living at home.
- To pay off mortgages and other debts.
There are many other reasons to get life insurance. Contact a life insurance professional at Retirement Income Strategies to learn more about your options.