De Forest Senior Life Insurance
Retirement Income Strategies is your life insurance specialists in the area of De Forest, WI area. By looking over your unique situation, we will help you with selecting the best option for you. Stabilize your future. Please call us today.
What’s senior life insurance?
In a senior life insurance contact, an agreement is made between a customer and an insurance provider. The policyholder pays a specified amount at regular intervals, which is known as a “premium”. In return, the company will pay a lump sum to a designated beneficiary under certain circumstances (usually the policyholder’s death).
What is the difference between term & universal life insurance?
With term life insurance, the policy owner pays for a specific time period and the benefits lasts for a set period.
Whole or universal senior life insurance is guaranteed for the duration of the owner’s life. This form of life insurance offers easy access to funds and provides tax-advantaged wealth growth.
Both kinds of senior life insurance have benefits. To find out which senior life insurance solution will work best for you, speak with our De Forest insurance professionals.
What are the benefits of owning a senior life insurance policy as opposed to investing in other ways?
The benefits and disadvantages every investment program will be unique to you, depending on your financial situation. Finding a professional financial professional is the best way to ensure you choose the right path.
Who needs senior life insurance?
Everyone! Senior life insurance provides peace of mind to people of all ages.
Why should everyone purchase senior life insurance?
- Funerals cost tens of thousands of dollars. Don’t let these expenses send your family into financial distress.
- To pay for college tuition, utility bills, groceries, and other costs of living.
- To pay off outstanding debts, including mortgages.
These reasons are only the tip of the iceberg. Talk to a Retirement Income Strategies senior life insurance professional to find out more about your options.