De Forest Senior Life Insurance
We are the answer if you’re looking for life insurance in De Forest. By reviewing your unique situation, we’ll help you select the best option for you. Secure your financial future. Please call us today.
About Senior Life Insurance
Senior life insurance sets forth an agreement between a customer and an insurance agency. The policyholder pays a certain amount at regular intervals, which is called a “premium”. In return, the company agrees to pay a lump sum to a designated beneficiary under certain circumstances (usually the policyholder’s death).
What is the difference between universal & term life insurance? What are their pros & cons?
Term life insurance means the owner of the policy is only required to pay for a specified time period, and the benefit only lasts for a fixed period.
Whole or universal senior life insurance is guaranteed for the entire duration of the owner’s life. This form of life insurance also allows for easy access to funds and provides tax-advantaged wealth growth.
You will find benefits to both kinds of senior life insurance. Talk to our senior life insurance professionals in De Forest to learn about the best solution for you.
What are the financial benefits of owning a senior life insurance policy as opposed to investing in other ways?
Each type of investment strategy has its pros and cons depending on your individual circumstances. In order to make the right choice, working with an experienced financial professional is vital.
Who needs senior life insurance?
Everybody needs a senior life insurance policy! It really doesn’t matter if you are 28 or 78; you have a need for this important financial product.
Why should you buy senior life insurance?
- Remove the burden of paying for funeral costs from your family members.
- To cover the cost of living, such as tuition, food, and bill payments.
- Pay off debts that have been left behind, including mortgages.
There are lots of other reasons to buy senior life insurance. Talk to a Retirement Income Strategies senior life insurance professional today to learn more.