Life Insurance in De Forest, WI
Want to buy life insurance but don’t know which plan you should select? Speak with our De Forest life insurance specialists now. By reviewing your unique situation, we’ll help you select the best option for you. Add a little additional security to your future by contacting us now.
About Life Insurance
Life insurance creates an agreement between a customer and an insurance agency. The policyholder pays a specified amount of money at scheduled intervals, which is called a “premium”. In return, the company will pay a lump sum to a designated beneficiary after a specified event (usually the policyholder’s death).
What are the pros & cons of term & universal life insurance
Term life insurance relates to a specified time period, relating to both the premium payments and the payout.
Conversely, universal or whole life insurance is guaranteed for the entire duration of the owner’s life. This life insurance also allows for easy access to funds and provides tax-advantaged wealth growth.
There are benefits to both kinds of life insurance. To learn which life insurance solution will work best for you, speak with our insurance professionals in De Forest.
How does life insurance compare to other investment options?
The pluses and minuses of to each investment plan will be unique to you, depending on your financial circumstance. This is why selecting a knowledgeable financial advisor is so important.
Who Needs Life Insurance?
The answer is simple: Everyone needs life insurance.
Why Should You Purchase Life Insurance?
- Remove the burden of paying for funeral costs from your family members.
- To pay for the expense of children still living at home.
- Paying off mortgages and other outstanding debts.
These are just a few of the reasons why you need life insurance. Learn more by contacting a life insurance professional from Retirement Income Strategies.