De Forest Senior Life Insurance
In the market for life insurance but don’t know which plan you should select? Speak with our life insurance specialists in De Forest today. We provide life insurance professionals to help find the best life insurance option for your unique situation. Add a little additional security to your future by contacting us today.
About Senior Life Insurance
Senior life insurance is an agreement between an insurance company and a customer which outlines each party’s obligation to one another. The customer agrees to pay a certain amount at regular intervals, which is known as a “premium”. In return, the company agrees to pay a lump sum to a designated beneficiary under certain circumstances (usually the policyholder’s death).
Universal & Term life insurance?
Term life insurance is linked to a specified time frame, regarding both premium payments and the payout.
In contrast, whole or universal senior 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.
Each type has benefits. To learn which senior life insurance solution will work best for you, talk to our insurance professionals in De Forest.
What are the benefits of a senior life insurance policy compared to investing in other ways?
Every investment strategy has its pros and cons depending on your unique financial circumstance. If you want to make the correct choice, you must select an experienced financial professional.
Who needs senior life insurance?
The answer is simple: everyone. Senior life insurance provides peace of mind to people of all ages.
Why should you buy senior life insurance?
- Provide a way for your family to pay for funeral expenses.
- To pay for school fees, bill payments, food, and other costs of living.
- Pay off mortgages and other debts.
There are lots of other reasons to get senior life insurance. Talk to a senior life insurance professional at Retirement Income Strategies to learn more about your options.